NIC - General discussion, page-347

NIC is my biggest holding.I will need to sell some of my holding for a project I will need the money for in about two years. I believe the stock could be worth well over $2.00 per share by then and posibly $3.00 per share. I first bought at about .40c about 4-5 years ago. My current average cost is .91c per share, I have bought and sold, seen it rise to near $1.70 and had Big shot ruin its reputation. I read this about the board and the payment threshold being some $40k over, who cares, it is being handled well I think the response is fair and measured and the reason fair - an oversight.

The board are not in control of NPI or nickel pricing the company is continueing to do as it said producing above nameplate and building more efficient roads.

You would be a fool to punish any director or manager in this buisness. I have never been more sure that the product demand is there both near and medium term.

The current share price is cheap based on the dividend and future prospects. If I was to have a negective it would be the rapid expansion, debt and dilution HOWEVER this is what will / has make this a nickel major with mines and producer of product.

My experience puts this worth $1.40 to $1.60 per share currently and as I say $2.00 to $3.00 in the next year or two. If and when they make half a biliion annual I expect the dividend to be around .08c - 09c per share per year.

Calm the farm.....you want to make double you money in a week play with penny stocks, you want a quality stock that will return over many years and already has my $ is on NIC.