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POS

20.0%

0.6¢ poseidon nickel limited

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redbackrules

3,275 Posts.

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20/09/18

16:35

Post #: 35732108
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Originally posted by Samboy69 ↑

Look at the buyers, 1M bid loading every 30 minutes soaking up this large volume,
A massive load of shares onmarket has been scooped up the last 2 days.
30M today
12M yesterday
And offmarket the insiders & rights holders have bought 1,500M in the rights issue.
Now Swiss LOAME comes out with a surprise 80M from nowhere!

Some flipping by the POPE isnt unexpected by the usual pip short traders getting 10% here and there for their cardboard box evening meal, but for sirious investors like these insiders and INSTOs like Citicorp, JP Morgan LOAME who some of them saw a 30 bagger in ANL and a 100 bagger in SIR FMG, its just the start imho.

PAN is at 10c MC
WSA is at 25c.
Where should POS be with more mines, quadruple the processing plant capacity, same or higher grades once producing? Haka18 says $1B or 40c! Fredy says 50c then $1, I think higher than 15c-25c between PAN WSA once producing,

I aint interested in a cardboard box evening meal of 10%, maybe prawn stew this week, then monkey stew and then the Cocos red lobster by the AGM in November,
With Dennis and Forrest in charge, anything is possible!

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TB
You know I love Nickel and the potential of POS. But 10% a day keeps the school fees away. Plenty of fish in the sea and prawns as well. Just great to see some tradable action on them for a change. Where to from here still depends on Nickel not totally on the personnel running the show. Blind Freddie can push a start button if the price is above $AU21,000/t. Just wait until they are back on CFD's more happy days.
RED

POS Price at posting: 5.5¢ Sentiment: Buy Disclosure: Not Held
4 Upvote

0 Great analysis

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