I cannot remember recent nickel price increases to new high's contributing to Heron's share price increase and so why should the nickel price fall affect Heron who as we know is not a producer....YET!!
As already mentioned numerous times, the agreement between Heron and Inco for the KNP was based on a very low price for nickel, much lower than nickel price at the time of the agreement some years ago.
If you like the story I wouldn't wait too long to get on board as we are very likely to see further results on Jump up Dam & environs progress in the near future. The company says that JuD is very robust and obviously that is what they were able to prove to the Bank of Canada and BHP-Billiton who 2 - 3 months ago parted with $1.20 to take up further shares in Heron.
I still have not sold one share - silly? perhaps, but I certainly grabbed some more when they dropped under the dollar a few weeks ago.
Cheers and good luck.
HRR Price at posting:
0.0¢ Sentiment: Hold Disclosure: Held