I did some back-of-envelope calcs the other day with regards to a nickel stock that I hold - FXR. They are already a nickel producer and have some exciting new projects, too, that they are fast-tracking. Exploration is very active, and they have had some screamer results recently (e.g. 36m intersects of massive copper sulphides at their Whundo project). Earlier in the year, former management lost focus and the stock drifted down, but since a change of management a month or two back, the stock seems to have turned around, going from 30c to 40c at present. All indications are that there's plenty more to come.
The number crunching that I did panned out fairly well. In my post, I muse that the only thing holding this stock back from a re-rating on the scale of Jubilee Mines (JBM) - being an order of magnitude - is that no analyst has done the same number crunching that I did, and made a recommendation on that basis to his clients.
After reflection though, rather than just "muse" about it, perhaps - as an FXR holder - I should do something about it, such as shake the pot and have an analyst actually look at it? To that end, are there any analysts out there that would want to review my calcs? Use your own assumptions, do your own numbers, and make up your own mind. Take a look, with an open mind, is all I ask.
Similarly, if someone reading this knows an analyst that might be interested, maybe you can do them a favour by forwarding to them the following link:
