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Noor444

914 Posts.

389

07/05/17

12:19

Post #: 24523989
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Originally posted by Hugoagogo16 ↑

I feel for you but investing in the stock market is high risk. Mind you these days leaving your money in the bank has its own risks just ask the Greeks.

Even if pos is taken over which I think it will be given the MC you will be lucky to get your money back. There was an interesting article in the Australian or was that the FR? about AFs interest in POS that highlighted that his stake is relatively small now just over 10% down from 30% I think?. As for the board and management in a takeover I suspect most will go.

Given where nickel is at I suggest that all pure nickel plays are in trouble. With Long shutting down I suspect the Kambalda concentrator is at risk as it has no or little feed left. Not sure what that means for Kambalda but it could be ugly. Perhaps lithium may help as Mt Marion is just down the road?

Apart from a few posters (like Mr Z) most of the info on HC is essentially social media full of opinions short on facts. Having said that if you post enough you do end up being a part of something bigger either cheer leaders or the posse. I hope it all works out for you.

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Thanks for these kind words.

POS Price at posting: 2.8¢ Sentiment: None Disclosure: Held
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share price, page-7

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