NWC 5.00% 2.1¢ new world resources limited

The war /commodity relationship is not one that is pleasant but...

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  1. 2,531 Posts.
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    The war /commodity relationship is not one that is pleasant but is a fact of life.
    The Poseidon Boom, before Asculpeous's time -is a prime example-
    The Vietnam war was in full swing and very demanding of nickel for stainless and then a main mine shut down.
    Poseidon didn't even have a hole in the ground- just some juicy intercepts.

    It's strange how events seem to conspire to produce a boom/bubble.

    Will it be copper's turn?
    The mooted closing of Mt Isa will not go unnoticed, and with increasing war demand and electrification, Cu demand is rising. A recession will just delay things and make the next boom even larger.

    Things always take longer to take off than we want, but looks like it's not a matter of if but when. Hopefully not too much more dilution.

    Nice to be exposed to NWC- but Asculpeous is not putting all his eggs into NWC's basket-there are a few other juniors who may be part of thye surge.
    Just don't want to be taken over too soon as lose too many bags to a major that might just double rather than something like NWC that can bag many times more.


 
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