HIGH-GRADE NI-CU-PT-PD-ZN-CR-AU-V-TI DISCOVERIES IN THE "RING OF FIRE"

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)

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Message: Re: wow, big bid,,,
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Dec 10, 2014 11:01AM

Shakey, You posted "too much sp dillution over the years to ever hit $4.37 again imo"
I differ. While we are not likely to hit the high of 7$ (real terms today of about 20$s ) I am convinced that we not only will go to 7 in today's dollars but are likely for a short time to get over 10.

I still own some shares of Nevsun (NSU at TSX), this stock was trading almost as low about five years ago. Since then they built a mine in Eritrea and are producing, actually paying out dividends. They trade now at about $4.50.
OK you may say it is barely over $4.37 that you mentioned but Noront nickel ore will be more profitable than the Nevsun mine. And Noront will have to pay out dividends also even if at same time paying for development of it's chromite deposits.

This comparison is in today's economy. What if things turn around, after all things never stay the same and the world does not have much room to get worse but stay the same and hopefully up within foreseeable future.
By the above example I say we will top 7 and possibly 10$s.

Yes I do see the possibility that Crazydick' 20$s may have to join Rip van Winkle and never wake up.

The night is always darker just before dawn, Ed.

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