how to make money, page-19

Guys -

Let's not lose sight of the big picture here.

PON has been hammered in the last month. A major factor to that was the change in lending policy but also we should all accept that there was never any real hope of Ni sustaining the $50K record for long.

After all, no analyst ever put out a report based on sales at $50K.

There are way too many "weak cats" in the market who take fright at a change in Nickel price. These weak cats are a joke. Anyone who makes an investment decision in AGM based on the movements of the Ni price over a month has NFI. We are talking about a 15 year mine life (so far) and we are not even in production as yet - so who cares abot spot Nickel.

All anyone needs to consider - does the world need Nickel over the next 15 years? Is AGM a low cost producer? Is it an easy thing to develop a Nickel or not?

It's all good.


Chinkiat