IMO , Basic economics are being played out here . The world has gone into overproduction of nickel, so the price has fallen a lot . Weak producers will collapse and healthy produces will be left and when this happenes the price of the commodity will go up then the cycle will start all over again boom/ bust . Capitalism is inherantly cyclical by its very nature .The company is in great position to withstand a shakeout . maybe we are at the bottom of the cycle now or we got more to go .
Gold will be king always , It is hedge aginst goverments printing money .We all know these guys will print to the very end till capitalism fails . Gidgee is a graet investment for PAN , profits will flow from that for sure .
PAN Price at posting:
44.2¢ Sentiment: LT Buy Disclosure: Held
