POS 25.0% 0.5¢ poseidon nickel limited

Calm before the storm, page-9

  1. 1,911 Posts.
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    Hi Believers,

    NI price still strong and will stay in a range of 8,25/9usd-lb
    Poseidon capacities, we all know either if they sell NI rock then later on NI concentrate which is about 9,000 tons a year during 10 years
    Regarding the water extraction they have just started, it should take no more than 6 month. During that time, they should announce good news. NI ore quantity could be bigger, NI grade better etc...
    Old and current shareholders get tired of CR...we have done twice since Jan...no impact on POS sp
    If they raise another 15 percent of POS , we will get something like 35 percent of POS total capital would have been bought between 7 and 8 cents...
    So honestly, i know we can do it but i cannot see see a clear direction
    just look at Mincor, Panoramic, Western Australia they are doing very well..even they are real producers, the companies are well managed, their SP close to the moon
    Anyway

    SEE AND WAIT

    F
 
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