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portefuille
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Buying the world's largest Nickel producer, while Nickel is about 75% off it's high. Plus Norilsk offers exposure to just about every other base and precious metal, all of which (excluding gold) are still considerably off their highs.
There will always be more demand and less supply for these resources.
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Giant opportunity...big merger ahead
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at 5% of 52-week high. who knows when the commodities will rebound, but they will. I admit that I have not done enough research to buy this in RL but it is at the top of my list. potential 20-bag if it returns to where it was this year, $9B market cap... research won't be easy but if it can be determined to be safe...
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Nickel makes stainless steel & stainless steel is essential to growing economies ... I'm in with RIO & i'm in with these clowns ... I've got the East & West covered in terms of nickel mining capacity ...
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Don't deal with Russians.
Buuuuuut...... eh, why not? Be careful though.
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I'll roll the dice.
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It will do good.
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Nickel for your thoughts. Jim Jubak says nickel is next on the metals hit parade (60% growth over the next few years). Iron and nickel make steel and China uses a lot of it. This one is difficult to track very well though. Valuations and timely details are missing. All you get is an after market closing price. It you love the thrill of the market in action, it's probably not the play for you.
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