- Two things, you have already missed a lot of the run in RNG, LBE, NWI/NI and BMC and FNI. And most of us on this thread have already made a lot of money on those five guys.
Indeed I missed those ones. But we made money on others.
- But the really big money is yet to be made.
That is certainly a possibility. But there will also be money made elsewhere. I see much less risk in gold plays than in base metal plays. Maybe am wrong but I think gold starts outperforming everything starting this summer.
- Now you state the problem is that there are no nickle plays with large deposits and the smaller deposits seems fairly valued. Fairly valued based on what??
I have looked rapidly at this and may be wrong. But I calculated that their market cap is fairly high compared to the in-situ metal value of their deposits using $20 Nickel. RNG is the exception.
- Claude, that is exactly the point--there are no large sulfide nickel deposits, so what will happen is that the few good junior nickel deposits there are like: RNG, LBE, BMC, FNI, CRO, NI, CML, and MUM take on a much greater value than heretofore, as they are ALL THERE IS--that is important Claude.
I understand that. But that is one side of the equation. The other side is demand. Unlike gold, this demand for base metals can collapse if everything goes wrong. Granted, you may be right and demand could continue tight for many years. But it is not a given. I think the risk are high for a slowdown, recession or worst that may last longer than you would like.
-and they also the very few nickel stocks speculative investors can go into to invest in nickle.
That is a good point that I certainly have underestimated.
-The above mentioned nickel plays are a good cross section of the best junior nickel plays in the entire world Claude!
I take your word. |
