Hi Yetiman,
I can see it falling further.
It will not necessarily happen but it could happen.
Higher Nickel Prices are needed 1st of all.
Sure Great news is probably on the way but nobody(me included) knows when they will come.
Within the next 4 weeks I expect but I have no concrete evidence of the such.
That is why I try not to watch JBM prices everyday.
I think JBM is in a strong uptrend for many reasons now.
It would only take 1 reason for shareprices to skyrocket above current prices imho.
JBM is so much better than the $5.03 highs of 1 year ago.
I held then & I am definetely still holding now.
Why sell now????????
Things have never been better for JBM.
If JBM sold Life Insurance they would be worth $8 per share now.
JBM sell Nickel, an unloved commodity.
Xstrata knows what Nickel is worth.
They will tell you what JBM is really worth(minus dumb ozzie bonus),
JBM is really a no brainer IMHO that is why I am holding 18 months down the track.
Long after the "Nickel Boom" finished.
What Nickel Boom?
It's all crap!!!!!!!!!!
P/e of 8/1 dividend yield of over 8%.
BOOM MY ASS!!!!!!!
If JBM sold paper clips they wpould be trading over $7 per share.
The world we live in is very funny.
The share market never lies.
apparently??????????
Cheers.
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