Thanks PJ,
U r right, China's largest nickel produce owns a stake in FXR at 0.99 cents. Looks like with the drop in metal prices and production issues the SP has suffered a lot.At current prices with the long term metal prices in a uptrend , hoping FXR would recover as well.
Never held any stock long term, hoping to try my luck with this one by holding for 6 months. I picked up NWH (10 K worth)a few months back and so did a mate of mine, i sold mine the same week for i think about roughly $200 profit, my mate decided to hold and is now sitting on a $50 K + profit.
Hoping to hear from u guys if u think FXR isnt worth a hold for 6 months.
Cheers.
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Thanks PJ,U r right, China's largest nickel produce owns a stake...
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