re: recommendation/jebigabre
Subject re: recommendation/tom Posted 11/02/05 19:51 - 17 reads Posted by jebigabre Post #510189 - in reply to msg. #510187 - splitview
Yeah while the other nickel miners (MCR,IGO,SMY and others) struggle, JBM keeps on performing. A while back there was a strong correlation between JBM and the others but JBM seems to have broken this. A very good company.
What is your view on these smaller nickel companies?
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Hi it was the same between JBM & WMR.
They got a bid from Xstrata & left JBM behind. Before that JBM was outperforming WMR.
If Nickel producers such as WMR & JBM continue to do well the others will follow to some extent.
Downturns are another story.
WMR held the best during last years downturn in the sector & JBM was a close 2nd. The others got hurt pretty bad & are yet to recover to the same levels.
Some stocks are better for trading & others better for investment.
Cheers.
JBM Price at posting:
0.0¢ Sentiment: Buy Disclosure: Held