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09/12/19
16:36
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Originally posted by wgdt72:
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LEG today hitting a nice patch of Ni. $100m MC. No resource yet and early days in the discovery. Good to see the response as well. However, considering where we are today at $800m mc is a joke in comparison. For LEG to get anywhere near where we are today would take an enormous amount of capital. I would consider that we would have many times the resources and also plant to boot. Not to even mention intellectual property which cannot be underestimated here. WSA still looks cheap to me and future production very much stabilized as well. Gee you could even dream of a decent takeover at these levels in this market??? What do you think ?
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I agree.. I have exited all my Ni for now after a massive run but WSA is very attractive IMHO.. I will be back in soon watching that $6 lb (spot) level very closely chart wise if it holds the uptrend remains intact