SMY sally malay mining limited

nickle smashed through $11000., page-4

  1. 1,950 Posts.
    yes but nickle was 8500 dollars then with the prediction of 11000 dollars and the fundamentals were pretty good and the nicle frenzy was not happening to the extent it is now fundamental value for igo for instance at current niclkle prices is around 1 DOLLAR A SHARE MCR VALUE IS AROUND 85 CENTS A SHARE i agree that the prices could keep going but the downside risk has increased significantly in the last month with the vastly increased share prices .i had been in mcr and igo from 30 cents and smy from 40 cents and decided to move some profits into the coal sector which looks very undervalued to me auo and gym and mcc have very good potential i kept mcr as it looks to be the least overvalued in case the boom continues and for the copper gold play in pakistan .wrongway
 
watchlist Created with Sketch. Add SMY (ASX) to my watchlist

Currently unlisted public company.

arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.