Good post Lord Elpus.
I too wonder about out-of-favour small cap nickel miners and their sad performance amid near record nickel prices. I hold FXR and AUZ, which seem to have lower share prices than they deserve and come in for some serious negative posting here on the Hot Copper board. There are posts from seemingly informed players inspiring fear of grim futures for these stocks.
Is this just FUD (the promulgation of Fear Uncertainty and Doubt) to serve nasty ends? I thought the AUZ RIU presentation foretold of a very promising future. I am new to trading and only do it part time but wonder if there might be means of takeovers I am unfamiliar with whereby unscrupulous ploys are used. I'm holding on but puzzled.
Could nickel run past US$7.50/lb?
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