POS 0.00% 0.4¢ poseidon nickel limited

I'm starting to think Deano that they wouldn't want to bring out...

  1. 735 Posts.
    I'm starting to think Deano that they wouldn't want to bring out any news as going by the sorry state of affairs with the nickel producers atm it might fall on deaf ears! The whole market seems to be teetering on the edge of a collapse imo and I will be selling all my holdings if there is any short term rebound in poseidon's shareprice.

    I have decided I would rather put my wealth into property developments here in Perth than have it stuck in the stockmarket where you rely on company directors making the right calls on your investments. I will be happy to see Poseidons shareprice up around the mid teens then I can sell out and not take a loss.

    The big problem is the fading nickel price atm and it looks like it could stay down for a while yet going on the latest commentary about commodities, so not sure if Andrew is banking on it turning positive sometime next year just when they will be entering production. Interesting times ahead for nickel companies.
 
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