NOT needs one big hit to become feasable. Only companies willing to put down money are those that want to become leader and control flow. Cliffs is there, but they've got FWR and that's more then enough. Alas, NOT needs nickel. Everything else, unless it's massively massive, won't make NOT feasable -not even chromite. Discussions with various CEO's laugh at the idea of an area play with lots of unfeasable material to make up a feasable mine. It would be a hard sell for to a company board to decide to plunk down the billions we are hoping for. It's not strategic, what market could be controlled with a variety venture? How do you sell it?
Let's not deceive ourselves, we need a enough nickel that a company board with their reputations on the line, could not say no, and would be definetley be motivated. Cliffs is motivated and NOT management knows it, but they've missed the boat. By NOT dropping Nemis, so sailed the years of relationships he built. KWG had Cliffs involvemnt because of a relationship already established.
In the mean time, if we believe in NOT's management's ability to find more nickel, then it's buying time. If you believe E1's discovery is maxed, then it's dying time and time to sell. Regarding this depressed market burning enthusiams to cinders, fight fire with fire, and find more Nickel. Stop wasting time, and get back to E1. Drop the god-damn attitude, derrived from insecure-new-management-syndrome, that NOT is the only one worth attracting the biggies. Talk with Smith and Mac, put your heads together, and light up the Ring of Fire once more.
Voisey's Bay sold with cockiness in negotiations because Inco was motivated and there were one and then two massiviely massive deposits. Not a bunch of little variety deposits. I want four drills burning all night peppering E1 with holes like a SHOTGUN BABY!
Stock Greed