I am almost 50% down on NKP but my long term view has not changed at all.
We are allready in a Palladium shortage and the metals price can only move higher as the global economy moves into a new growth phase.
Platinum is also forecast to go into shortage by 2013 although developments in Zimbabwe may reduce supply and push the shortage into 2012.
NKP have a great resource at Garatau and may have an even better one at Tubatse. If one wants further proof - well why on Earth would multiple parties be trying to take away parts of it through legal action.
We have experienced difficult times but this company has resources worth a few billion and it will not be the first to see huge multiple increases in sp.
BR Max
NKP Price at posting:
28.5¢ Sentiment: Buy Disclosure: Held