POS 0.00% 0.4¢ poseidon nickel limited

Nickel Stockpile & LME levels, page-65

  1. 1,581 Posts.
    lightbulb Created with Sketch. 311
    Yeah, it seems that way. Next announcement possibly W to BS approval.

    Buying POS at sub .10c becomes nothing more than a punt on the ni price. It has to go to $6.50 and beyond for POS to produce. So if ni cranks up and trends higher, we guess that POS will follow.

    However, on todays ni price of $5.23 there needs to be a 25% increase in the price

    IMO, great buying opportunity for those brave enough to back ni rebound

    I would like to hear Itchi’s view on the NI price.

    IMO, the ni price will go up sooner rather than later. But, will it fall further before rebounding?

    TB calls a tripple V bottom.

    What do you say Itchi?

    cheers M1
 
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