MPJ 0.00% 0.0¢ mining projects group limited

Something big coming?, page-114

  1. 421 Posts.
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    The chart below is what excites me most!

    $4US/lb has historically been a level where sentiment around nickel has changed. IMO we're potentially in the midst of a double bottom for the NI price.

    I think most who play in this market of ours are optimists, and it's certainly optimistic to call this a double bottom at this stage.

    But could you imagine the SP if MPJ hit a commercial load of nickel and the price breaks out of it's current channel :O

    Even a modest increase in the price of nickel could have significant effects on the SP.

    Happy to be holding and bring on tomorrow!!


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