wahts happening with our nickel guys?, page-2

It isnt surprising that the big producers have come off the boil. Currency risk, high PEs, profit taking and substantial running have played a part. In the past institutions and most commodity analysts are claiming substantially higher prices of lead, copper and nickel. Also stock market falls do put added pressure on the metal indicies, in most cases. The way i am playing this game now is sell most of my speculative crud and deal with the mid tear producers exploring in highly recognised fields, (EG) OXR is now a favourite alongside MCR. These 2 are juniors with massive upside with upside exploration success and sweet pickings for the majors.

Happy trading