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cl001

05/05/07 9:09 PM

#71733 RE: riskanalyst #71724

I can't stand so many posts here and on the yahoo board about how LIM and RNO were "stolen". If you truly believe both of them were stolen, you must believe high nickel price is here to stay or going higher. Then the nickel junior boys are incredible undervalued compare to LIM and RNO!
I heard Don Coxe talking about LIM was taken over at 7.5 times EBDA. How do you like 2 times next year's EBDA then? Why don't you go to do some stealing by buying nickel juniors?
I remember when I first pounded LIM, it stayed at around 5-6 for a few months, when I first pounded RNO, it stayed low 2s for a long time as well. I even got blames about the RNO poor earning report. If you bought LIM and RNO then, you are a true "thief" in the metal trading. And you can steal nickel juniors now from the under informed sellers!
BTW, congrats to those who held LIM for the better bids. However, if you followed me to move money from LIM to nickel juniors, you would have appreciated 30-50% compares to LIM's 20% gain.