No one said it would skyrocket imminently, but to say it's long...

No one said it would skyrocket imminently, but to say it's long term value is around 2.50 is ludicrously off the mark even if the nickel price stays subdued, which goes against all predictions just by the way.

I'm still looking for 2.25 to pick up more, and then accumulate on the way down to 2.00. Baring any unexpected news over the next 2 weeks its lookimg like the trend will take it back to 2.00. It has a habit of bouncing back above 2 whenever it falls below it though so its of no concern to me as a holder.

You put too much faith in the theory of efficient markets if you think the share price not changing means its true value actually accurately reflects the current price, Smoke. If that was true you wouldn't see safe businesses like jb hifi going from $9 to $22 in a matter of a year. Its more a matter of when investors overcome their falsely held fear of all nickle producers being doomed, which is currently holding SIR down just like it held jb down.