reality check for the bulls, page-9

schlomo,
60c valuation is based on a nickel price of $20,000. It may not get down that low. Then again, ????
AGM are also going to increase production beyond 8500 tonnes per annum. They are also hopefully going increase the mine life and add another mine separate from Avebury so I guess that's the "blue sky".
Certainly we can see WHY the price has been hammered. The $1.09 was based on nickel staying ridiculously high which of course it couldn't. That is why it was an easy SELL call at $1.09...one of the easiest I've seen.