high nickel prices

In copper for instance, experts at GSJB Were and UBS stand firm in their conviction the spot price will not fall materially from current levels, even though most other experts say they cannot match current prices with
underlying market fundamentals.

A similar story is unfolding in the nickel market. Canadian experts at Canaccord Adams recently released an industry report which, in a nutshell, carried one main conclusion: most experts are wrong in their assumption that the tide will soon turn for nickel prices. Says Canaccord Adams: "Significantly high nickel prices will be required through the end of this decade to reduce forecast consumption levels, in line with available inventories

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