excellent quarterly, page-22

re: why is it so cheap? The reason they are so cheap is because they are bleeding form their production costs check out the Aegis report by David Moore on them for Dec 04 mining costs went from $2.00 in Dec 03 to $5.00 in Sept 04, its in a graph form.
Remember a few years ago Ni was around $3.00 therefore when Ni falls this dog can not keep its head above water. Some on here have been investing in resource stocks a while I am surprised you have not looked at the figures.