Hi loki,Yield never owned any NKP shares. He's currently in IGC...

Hi loki,
Yield never owned any NKP shares. He's currently in IGC where he expects a double bagger to take place in the coming 1-3 months. Afterwards, he wants to buy into NKP shares for the huge upside potential.


I accumulated some big parcels of NKP shares over the past 2 days so I will be one of the new long termers here.

I expect NKP to reach old territory mid - end 2009 ( 1$ range) and once Xstrata convert their option with their 50% funding agreement and a 1m ounce / annum production, NKP wont be available below 2 $ imho.

Doesn't matter whether you pay 24c or 27c currently unless you are a day trader. Long term it wont matter as there is huge upside.

Anyway, I hold both IGC and NKP, so any positive development on the NKP front will entail a positive development of IGC's sp as could be seen today.

Both shares (IGC and NKP) still absolute bargains with double(IGC)/ten bagger(NKP) potential.


Cheers