Sudbury Saturday Night -- Nickel Mining & Nickel Prices Message Board

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Gold/Mining/Energy : Sudbury Saturday Night -- Nickel Mining & Nickel Prices

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To: LoneClone who wrote (79)	2/1/2007 12:15:54 AM
From: koan	of 9211

All I need you to attest to LC is that a bunch of us isolated BMC and LBE about four months ago. From there on it is my recollection of my buying and the thinking involved in that buying. There is a reason LC why approaches other than (what may seem logical)-lol, work :1) for one, think, why do they split stock when they get too high? 2) Speculation is another amorphous variable, nevertheless often the most powerful variable in determining price and value of a stock. And speculation of the size of an ore body is aften a more powerful motivator than actual 43-101 ore. Right now speculation of the ore body is important but speculation of the price of nickel itself may be an even more powerful variable. So finding nickel proxy;s is of number one importance. And the reason I buy 4 stocks of equal value is because I am using them more as nickle proxy's than anything particular or intrinsic to the company. It is easier for a stock to double from .10 to .20 than $10 to $20. Getting a feel for things like momo, speculation, management, potential value or playing the odds is a legitmate approach.

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