The nickel plays have had a good run lately, may want a rest at some point, nothing goes in a straight line forever ... not saying i have a clue when, just don't feel the same grip on nickel as with zinc, which has emphatically not had a good run lately, but will .... looking at all Ni tickers you mention, i tend to the rng.wt as best risk/reward for the next bit, though it may need a rest too ... likely will take profit in fni.to next week
Producers can be cash cows yes, but that can already be priced into the share ... by the time they produce i'm usually out, ka-ching, take the money and run to the next development play ... they're simpler, cleaner, cheaper, easier to understand imho - as a late-stage junior knocks off its various hurdles one by one, the producer-value comes into the share in greater percentage than after start-up, and more predictably too ... or this is the theory anyway, probably i like them better mainly because they are easier to understand, not being subject to the various operating and accounting and hedging and taxation risks that producers are ... for developers it's mostly about financing, where the cycles are more foreseeable imho, and of course you get the exposure to metal price upside without the deadweight of huge spent capex
In zinc/silver you know my favourite, Metalline all the way, especially now in the current buy opp ... but also have wkm.v, lth.v, dsr.v, bwr.wt ... so, have all stages covered to some degree ... thinking now i could stand a little more exposure to gold, some fresh cash will likely go there, Claude's ckg.v being on the list of possibilities [will be going for quality as we'll be travelling, it looks like] ... won't be out of nickels though, thinking about some rng.to common for the long haul, it's got a gold side to it as well |
