The merger between Andes Resources and Metminco provided so much scope just in the land area we hold, but focus and much much $$ was committed to the "blob" and in the end, our consultation with community around Quinchia became worthless, despite his "used car salesman" talk as to how good it was going.
Then a jump into Ni, which was in the midst of a significant pull back in price and furthermore in the PNG.... I hold an Ni stock, which is an emerging tier1 resource in a favorable jurisdiction, and i have watched it get smashed over the last 12-18mths. Why even jump into this sector?
21-23c to 1.1c ..... good riddance to bad rubbish I say.
LCL Price at posting:
1.1¢ Sentiment: Hold Disclosure: Held
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