POS 33.3% 0.4¢ poseidon nickel limited

news finally ore processing test results, page-7

  1. 1,035 Posts.
    Tcf,
    I'm referring to the comment on the exploration of the Windarra belt. WMC did not adequetly explore the entire belt. That is a fact!

    Also many resources stocks are at an all time low right now. It's not just POS.

    Anyway I don't mind these prices as they are nice and cheap and I just keep stocking up and plan to over the next 6 months.

    You have to look at the big picture with POS not just the short. It will all fall into place later this year and to be honest I am very happy with their progress. You can't do these things overnight.

    Would you prefer a company that went to fast and got it all wrong? You have to get the metallurgy right when it comes to Ni or you will have a very expensive plant modification. You also have to be aware it is hard to get rigs right now which I know has slowed exploration for Poseidon.

    Time will tell.
 
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