The short/long term trends both are up. Great!
The short trend is moving into a up leg towards $6. Good!
If the short trend would be at $6 soon, great!
Usually the long trend is lag behind the short trend as they should. Nickel at $6 in short trend means too much to the non-secured creditors. It is real and hope based on the thing you could touch.
MBN is in their hand totally and $6 would push them to hold it in hand longer to be sure MBN is not a money sink. What's the possible confirmation that MBN is not a money sink? The long trend move to $6 is the test stone. Would they act at $6 right away for the second DOCA? Not necessary and they would keep the mine in hand as law allowed.
In market there are not sure things in 100%. However if nickel could go so far and the mine is still not sold. We, the small shareholders could hope/dream more happily in days. By that time, we might be able to say I love you, Nickel!
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