Just wanted to check in and say hello to the lot of NOT.
I was away for a couple of weeks in the Caribbean in January and returned to find that the NOT share price had doubled. Looks like I should go away more often. I had no internet access so it came as a nice surprise.
Still have 50% of my investments in NOT as I consider it one of the safest long term bets. A nice cash position to work from for the next two years, continued excellent drill results, and ongoing work are all good signs. My only hope is that they do not do something ridiculous and sell off the assets at McFaulds or Windfall.
Commodity prices for nickel, copper, ... are 75% off what they were a few years ago but these things go in cycles and when the cycle turns so will the share price. Good news is that they do not need to raise funds at these low share prices (yes, a buck is still low) so things should be stable the next year or so. Swings will happen but remember that the lows are just a new buying opportunity in a depressed market.
I won't be checking in much as I am fighting fires on a different site with a different stock at the moment but I will say hello from time to time.
Happy Belated New Year and God bless...
M1.