POS 0.00% 0.4¢ poseidon nickel limited

For those who said Andrew Forest was a safe bet to follow, I...

  1. 2,796 Posts.
    For those who said Andrew Forest was a safe bet to follow, I have to point out his networth now has dropped from $12billion down to $1.8 billion. Thats a fall of 85% http://www.forbes.com/profile/andrew-forrest/

    Twiggy threw in the towel with POS when the price of Ni fell under $7 the other year, with POS announcements even saying at that point of time the Ni price was too low to do anything so moth balled it.. price now is like $5.70

    Its looking like you might have followed him down the gurgler..  - I did try and warn you

    This wont be good for you either
    http://www.reuters.com/article/2015/03/11/indonesia-nickel-smelters-idUSL4N0WD1W420150311

    So my call on china impacting the price of comodities was right, against all the trolling I was right..  its funny to look back on the arrogance, and now those posters sit here with egg on their face.

    here is my next prdiction, this year Greece  Watch out!

    http://www.theguardian.com/business...opes-of-imminent-deal-to-end-debt-crisis-fade
    Last edited by Steve70: 23/04/15
 
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