Yes, nickel is up 50% from $4 to $6 in the last 8 months. Coming up off long term lows under $4 three years ago and trending up strongly to break through resistance at $6.
ORR already have some decent ore-grade intercepts that look pretty good above $4. Now we just need extensions and further nearby deposits from the other EM targets to provide the scale needed to mine. Let's hope the current drilling begins to provide just that. Then our share price should start to correlate with the nickel price.
ORR Price at posting:
22.0¢ Sentiment: Buy Disclosure: Held
