As a LT Nickel bull I steer away from high valuations, With SIR the incredible pump and dump 20 baggers has been done and dusted, congrats to those who bought low below 50c and sold high above $4.00.
Buy no debt low valuation large production low cost low AISC ni stocks.
Do not buy high valuation ni stocks.
Its a theme promoted by Jason Stevenson in his N3 Eclipse thesis. I am a believer in that thesis. My detailed research shows the macro factors support it. He picks pure play ni stocks including POS & WSA & indirectly MBN.
The motley crew are looking for the new SIR and SIR & IGO are not it.
Look for the next SIR, there are some good names ive mentioned. Don't criticise those cheap undervalued ni stocks there time will come.
IGO Price at posting:
$3.31 Sentiment: None Disclosure: Not Held
SIR Price at posting:
$2.72 Sentiment: None Disclosure: Not Held
