Nickel price remains robust supported by the ongoing Falsonbridge strike which is also reducing the limited stockpiles.
All this is helping SMY and other nickel stocks to sustain their rallies.
Two parcels of 300,000 have been traded this morning on SMY at 80c.
There is no bad news with this company. With the passing of time the risks to the schedule are perishing and the production date, when they will earn approx $20,000 per ton, is fast approaching.
Go SMY !!!
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sally malay mining limited
300k parcels @ 80c
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