Great read again. I am not sure about a double bubble though, maybe my eternal optimism is still here after the a$$ kicking of the last year but when I see juniors with more money in the bank then their MC, I find it hard to believe we will get worse...but I have come to take nothing for granted now.
I believe that many of these juniors will die a slow painful death over the next year or 2...hopefully not three or more. However, for those with a keen eye, there are stocks out there in the junior frontier doing very well and I believe NOT will be one of these.
This paragraph from the article reminds me of what we have with NOT:
Only those juniors that have the ability to remain flexible on the capital front will survive. A handful of elite juniors that own top-shelf projects will retain the ability to raise capital in the equity markets. But the rest will have to rely on the savvy management of working capital that is already in the books.
We are one of these "elite juniors that own top-shelf projects" and we will prove this with a NR next week that will declare that our PP was filled. Once investors see this, we should see some confidence return to this company and our Share price.
HAT.v is one of those other juniors. (not a pump...at the current price, I believe the upside is now quite diminished) They announced their PP was filled at $3.10 when the stock was under $2.00, actually it went down to $1.10 or so within the last month and now sits close to 2.70 since the PP was announced. My point here is when we announce our PP has been filled and we are now sitting on X amount of dollars, still have a huge land position, great initial discoveries, E1 with a value north of $3.00 per share by itself (at reasonable nickel prices...) our stock price will climb. I believe we have at most 1 more week to pick up shares this low. For new investors, I have been wrong before but do your DD, I believe you will see that our upside is much higher than our downside at these valuations.
Cheers everyone,
Glorieux