TO for POS

So everybody knows the BMM offer of 6c was a low ball opportunistic bid.

But one would have to expect another bid to come sooner rather than later.

Reason being is the nickle price is low but expect to bounce, the company is now in a very good position, very encouraging drill results.

So the question is at what price and when.

Once the nickle price starts heading up again POS becomes more and more valuable.

IMO they will have to strike sooner rather than later but for a successful bid they will have to pitch a price well over 50c.

So it all hinges on how desperately they want this company.