Re: Why is it so hard to think that this will go to $100
in response to
by
posted on
Feb 10, 2008 02:40PM
NI 43-101 Update (September 2012): 11.1 Mt @ 1.68% Ni, 0.87% Cu, 0.89 gpt Pt and 3.09 gpt Pd and 0.18 gpt Au (Proven & Probable Reserves) / 8.9 Mt @ 1.10% Ni, 1.14% Cu, 1.16 gpt Pt and 3.49 gpt Pd and 0.30 gpt Au (Inferred Resource)
Are you a geologist to state a very slim chance? If it was only a very slim chance, I do not think we would have the close to 30 different companies fighting for a piece of the action. I do not think smart money would be buying at $4.00 for slim chances. These people do not lose often and they are some of the best in speculative play but they also wish to accumulate at low prices. Grades of Nickels sulfides like we have in MMS types deposit required systems that are kms in length according to some guy at U of T but you seem to think you know more than even him. Just because the market prices us at this valuation has no bearing as to what is in the ground. You are right that the price will rise with the tonnage but I want to buy cheap like the smart money. Of course only drills and time will show who is right but I am having no trouble immatating crazydick...I sleep very with this investment. Actually, I have never been so confident in an investment before. I am not guaranteeing $100 but I strongly believe we will be much higher within a short time and I do believe we will see 100.
Good luck to all,
Glorieux