Re: opportunity abounds -right now
posted on
Dec 10, 2009 03:14PM
$4.00 for noront easily. reasons: 1)generally known xstrata offered $5.00 when nickle was over $20 per pound nad not.v had 3mil tons. nickel less but we have 10_15 mil tons. so $4 justified 2) ceos hinted but couldnt give details of much much higher offer which nemis said no too and presumably fired for 3) novack said with monkey off noronts back serious nickle seeking majors can play and he added thats when spq needs to watch out 4) voisen said no way in hell noront will go into production 5) there are current suitors offering above $10 but curses i cant pin down a number-institutional this source so maybe maybe not. -sg