Greanleaf with unstable nickel prices the SP can only go one way.. down. But Im not suggesting for a minute it will stay there.
No nickel producer is a short term buy because of the instability unless you are a brave daytrader who can pick the odd "up" day. And potential long term holders need to see a definite recovery before buying in. We dont know how long this instability will last, and even cheaper bargains may be on offer on the rebound up.
Long term holders- grit your teeth and hang in there... we all know SMY is a fundamentally sound investment.
SMY
sally malay mining limited
barclays increases interest, page-5
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