There's strong support for nickel at $12 - has been at or above $12 for 18 months - hopefully that's long enough to convince Sino Steel to gamble a billion bucks on a big tin shed at Young. I keep seeing more and more chinese stainless steel (nickel) on the market. When I was in the Ridge last week I went to "Mr Cheaps" for a bucket - he had stainless steel buckets, ss milk urns (!!), ss garden spades and forks... etc...
A bottle of MOET says nickel will be above $20 a pound on friday the 30th of may - do we have a bet???
new share issue, page-12
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