Jojo,
Not ready to fully capitulate, but finally resolved to try reducing at 2301. 30% of portfolio simply too high if the bid falls over.
Long term JBM still decent value imo, but short term I fear all the nickel stocks doing a nosedive in delayed response to the pon (which I believe will recover despite the lousy forward curve).
Not now intending to buy any nickel immediately, hope to pick up cheaper in weeks/months. Looking/waiting for the no.3 nickel no-brainer bonanza! Will use the time to look close at WSA & MBN, and revisit MCR & ALB. AGM stays in the kennel.
EL
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