That doesn't mean it will now hit $5 after falling to $2. The instos will initially pay a premium to accumulate enough holdings where they then can control the sp to where they want and that is "CHEAP AS POSSIBLE" Just because there is 1 billion $$$ in the ground doesn't make the company worth that, you can spruik all your formulae facts and figures, it still has to be mined and processed then sold at a time which allows profit to be made, as volatile as the nickel price is that requires timing. CR's will be done, funding needs to be found, equipment purchased which all leads to DILUTION. Yes the company may have a billion in the ground with the current shares allocated, by the time it gets to production that share registry will have atleast tripled, so if its worth $3 today it will be $1 at production or even less. The instos will tear this apart if it's as good as it looks to make $$$$ for themselves thats the stock market.... Good Luck..
SIR Price at posting:
$2.56 Sentiment: ST Sell Disclosure: Not Held
