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Re: seeksup post# 16171

Thursday, 08/28/2014 7:22:16 PM

Thursday, August 28, 2014 7:22:16 PM

Post# of 17741
NI.to / VNCKF -- yes, I really like this one and did a fair amount of DD on it. I'm grateful that Bobwins brought these sand plays to our attention.

My main concern with Victory Nickel/Silica for the next few or several months is that Nuinsco (NWI.to) still has something like 40 or 50 million cheap shares (procured down around 2 cents) that it is chronically selling off to raise cash and that may keep a real lid on NI/VNCKF's s/p unless Nuinsco is willing to give NI.to a break from time to time on good news and let the shareprice re-set higher.

Thus I'm concerned that the expected good news for Q3 and beyond (e.g., phase 2 and phase 3) may not see the proper price appreciation til most of that overhang from Nuinsco selling is gone or unless Nuinsco makes it clear that they're going to let Victory occasionally make a few quantum jumps higher. Just trying to outguess Nuinsco will be interesting.



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