ni down again , page-39

Now your calling AGM a nice buy at 60c.
Yesterday you said it was fair value at this price with a PE of 5 if nickel remains around your target.
Being a bit mischievous there.
If your trusted analyst (who never gets nickel price wrong) says there will be weakness in nickel price in 08 and 09 and you believe this outlook wouldnt 60c be too expensive as well.
Personally i like AGM at sub 70c but i also like HRR which looks an even better long term nickel stock.Lower grades but lots more nickel.