MRE 0.00% 87.0¢ minara resources limited

nickel down 6% - ouch, page-4

  1. 2,665 Posts.
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    Cha,

    I do not hold MRE or any other Nickel stock, but looking at Kicto, LME warehouse volumes, Nickel volumes continue to drop. To me this is a strong indication that nickel will coninue to rise. Thereby taking Nickel stocks up with them.

    per Kitcometals:
    Nickel May 11,02:39
    Bid/Ask 11.2160 - 11.2337
    Change -0.0207 -0.18%
    Low/High 11.1452 - 11.2926
    http://www.kitcometals.com/charts/nickel_historical_large.html#lmestocks_1year

    The Warehouse Volumes are down to 11,600 tonnes, which is the exact volume back in July/Aug 2010

    MRE has always been a good stock to me, hopefully I'll get back into it soon

 
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