There was a movie about Poseidon it was a boat, it rolled over...

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chevon47

951 Posts.

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20/07/23

16:13

Post #: 68892385
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Originally posted by Fredy: ↑

At the time i'm replying you.
Our dream having a mining company operating is dead.
We are not a startup. POS has been on screen for 16 years.
2.7 billions (300 to 3 billion shares) have been issued since 2007 ; About 135 million$ CR
Last annoucement burried us whatever we can say
Sure share price can jum back at 3.5 even 4 cents but LTH are not after it and we were looking for something BIG after 16 years
From now; If i was an investor. i will consider POS as a very short investment due to his high risk exposure
I cannot consider POS as a potential nickel mining company

Ph huge mistake was to make LTH believers something good was coming
Either PH finds a very quick solution or he should leave the sank boat
My thinking now is ;what happened could be part of PH strategy..it looks like a CR by announcing the operations defer
However whatever PH strategy. IT IS 100% failure and it is not helping us in our failure reputation
market conditions: Nicke price is trading about 9.5 USD/LB - Inventory about 40kt only - Shall we wait another 16 years ????????
our C1 ( cost production) about 4.5-5.5 usd/lb ( just a guess)
Anyway i'm not going to copy Tomboy...Just saying we are dead now.....
A CAT IS A CAT

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There was a movie about Poseidon it was a boat, it rolled over and sank.

Last edited by chevon47: 20/07/23

POS Price at posting: 3.0¢ Sentiment: Buy Disclosure: Held
5 Upvote

0 Great analysis

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