Nickel has just his $13 US per pound, roughly $28600 US per tonne. When GME did it’s PFS nickel was around $6 US and the company had factored in an expected future increase to $8 US per pound.
We’ve waited many years to get to where we are at this point in time. To the uninformed or those new to this stock, GME is NOT a gold company, its been sitting on its nickel reserve for a long long time waiting for the nickel price to increase, which at last we are seeing. In fact, it’s sitting on 830,000 tonnes of the stuff Why people would be selling at such a ridiculously low share price beggars belief.
Hold on to your shares. If a third party makes a play for the company, the share price will rocket.
GME Price at posting:
5.9¢ Sentiment: Buy Disclosure: Held
