re: Ann: Drilling Update - Calypso nickel sul...
Thanks Forrestfield for the "reassurance". I am not new to mining specs but when it comes to grades it is often difficult for me to evaluate whether the numbers are good or not.
With Nickel prices expected to soar soon due to the Indonesian export ban and the Chinese running out of stock by mid 2014 I expect an re-rating of the most Nickel stocks.
Just 341m shares on issue and MC of about 2m this could be an easy target for any mid or big Nickel player.
I am honest, bought just for a quick buck but the longer I think about it the more I feel this could be a good investment LT.
The location of both projects seems to be close to existing infrastructure and being located in Australia means a stabile political environment.
Time will tell, GL.
ITT Price at posting:
0.6¢ Sentiment: LT Buy Disclosure: Held