POS 25.0% 0.5¢ poseidon nickel limited

Calm before the storm, page-8

  1. 287 Posts.
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    Agree more Senator to your first bit - not sure about needing to keep the price low. Their stock isnt in that much demand! And if someone wanted more ... there's plenty of cheap stuff going on market.

    The 2nd phase of the drilling program was 'of particular interest to Poseidon' ... the one underneath A shoot and B shoot. They didn't even finish the 1st phase which was scheduled to take only 3 months. That's hard to swallow.

    David was quoted (ref PDN thread 5-6 weeks back) as saying he wants to raise more cash. Wouldn't need to if they were about to sign offtake. So I'm not holding my breath (although im hoping that now having said it I'll be proved wrong)

    If they raise more then I think that the best possible result won't be much better than last Feb.
 
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