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Gold/Mining/Energy : Gold and Silver Juniors, Mid-tiers and Producers
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To: wsw1 who wrote (21684)9/21/2006 5:51:12 PM
From: LoneClone  Read Replies (1) of 78422
 
IMO TRE/TNX is a mediocre way to play nickel (and not just because I recently sold my final shares after making a large amount of $$ on the stock).

The company is clearly much more interested in their gold and diamond properties, but even there they are getting mediocre results from their very slow drilling. At the rate they're going they might not get to the nickel prospects this decade.

And what if Sinclair, who is getting up there, kicks the bucket? Most of the investors in TNX, or at least the ones who post on BBs, seem to be investing more in Sinclair than the properties.

Both BMC and LBE are much more nickel focussed and offer IMO much more upside, plus they have current cash flow from production.

JMHO

LC
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