LOL semantics. It would be semantics if your statement included other stuff, and I was picking on a particular word etc. But your statement said they didn't have Nickel. Not sure if the smiley face after meant Sarcasm or joke... But for others reading it, it had to be corrected.
Moving along - yes Management are extremely poor. The only good decision they made was to stop production when they realised they were losing money. Took them too long in my opinion to stop that.
But now we can look forward. Company now rated as an exploration company, not a producer any more hence SP took a massive hit. Hopefully they can move on with some of these projects, JV or sell off (preferably the later) the Iron Ore, and get back to producing Copper/Nickel efficiently!
I think the Mafia involvement would be a good thing, wouldn't it? They're not stupid about their money. Well they have plenty of 'cash' to throw around :)
FXR Price at posting:
16.8¢ Sentiment: LT Buy Disclosure: Held