The big seller killed the momentum, either did not like the grades or just because the market thought the world would stop turning because of China.
Anyway, 0.5m cash on hand can be ignored as it may have been used to pay for the drilling. But as I wrote, any prise rise in Nickel will see the feasibilities of small deposits and mid grades change and will re-attract the interest of other players and investors.
My guess : 1c gets hit latest by end of next week.
ITT Price at posting:
0.6¢ Sentiment: LT Buy Disclosure: Held
