Looks like I sold out too early yesterday. Time to take the loss on a small parcel bought eighteen months ago.
Trouble i had in staying is they have to make a lot of profit to pay the debt and justify the equity, and I can't see there being much above that in the current two mines unless the pon improves dramatically. Seems to me value is about fair, and there are much cheaper bets if you are betting on recovery in the pon.
Still the lowest risk, best quality nickel stock imho.
It's the market I don't like, not WSA.
EL
no dead cat's bounce, page-2
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