PNM 0.00% 2.4¢ pacific nickel mines limited

interesting dot point , page-2

  1. 428 Posts.
    crimsoncarp, I have the view, be it right I hope, that the statement of much greater reserves is probably true. Lets face it, this company to date has delivered results and kept the market responsibly but I think conservatively informed. Investor patience like many other affected stocks has been our enemy and when speculative stocks slowly drift lower you either buy more if you believe or move elsewhere. People lose sight of the fact that with lesser proven reserves the share traded freely at 20 and 30 cents. And lets face it, not a lot of people follow it and probably wont without finite results. Every one has their own strategy but mine has been to increase my holding at lower levels so that I remain close to break even. You have to of course believe managements ability but I am hopeful we will see a very different story next year that will make the wait pay handsomely. I did contact the company last week and asked about an option package with the capital raising but not on. I suppose it only unnecessarily dilutes the shares on issue at this low price but I was looking for a way to make the capital raising more attractive at this price.
 
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