Hohum so boring to let you know SIR will trade like a blue chip $2-$4 next 2 years just like FMG did after its 1000 bagger, youve done your 100 or now 60 bagger from 5c... congrats on those early investors, so yeah real boring is a 1 bagger back up and down like ayoyo thats assuming no bad news or shorts come in just like they did in FMG.
Other ni producers can easily do a 3 to 10 bagger , they already have the last year, WSA MOVED $2 To $5.20 last year, PAN moved 25c to $1.08 last year now back to 30c now up to 46c, thats a 50% move up in a few months .. even your own shareholders like natnom, citicorp, hsbc, rob dennis, jpmorgan have also piled into POS in higher proportions than in SIR at 10c -18c. Dennis even was appointed director of POS as he worked at all of its 3 mine sites and he has piled up 3.3M shares to a top13 holder in pos ...why?
Your own holders can see that SIR chance of cracking $5 are about as good as FMG cracking $6 by 2017, sure NP is predicted to rocket this year by double to $11.0uslb by many experts but SIR doesnt produce any ni ore or concentrrate till 2017 so will miss all this profit for 2 years.
the actual ni producers and processers in the next 2 years will make a killing not SIR in actual income from production, bhp is predicting this hence pulling out of selling nickel west right now.
im giving you a wake up call, many of which your own holders and own COO already have recognised. You can sit in the dark, but you have to hedge, spread your risk, put your house in 10 baskets esp those ni producers that will prosper from a rocketing NP.
You got me all wrong.. I am fully supportive of SIR becoming a bhp in ni if it can and its a market darling etc... everyone in the ni industry is rooting for it, but trading $2to $3 once a year orbbeing forced to short it $4 to $2 is real boring just like they trade FMG.
If you can find another SIR at a MC of $75M and spike that to $950M then theres a great investment..take your pick. Your own COO Dennis has. He hasnt put all his eggs in SIR.
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