From Highlandlad's post today: The falling US dollar aided...

From Highlandlad's post today:

• The falling US dollar aided dollar-denominated commodity prices. The Bloomberg Commodity Index rallied 0.73%. Gold climbed to its highest in almost a month.
• Copper was boosted by reports of commodity traders being forced to buy physical copper to close out short positions after the metal hit all-time highs in the US. Trading firms Trafigura and IXM were both seeking metal, according to sources quoted by Reuters. Copper gained 1.66% in London overnight. US prices eased 0.3% after hitting a new peak yesterday.

Gold: up US$35 or 1.48% to US$2,394.90

Copper (LME): up 1.66% to US$10,282

Nickel (LME): up 2.87% to US$19,550

The fundamentals are there to support a run for the SP should a decent report be released.

Apart from waiting on the Steam Engine report (or aspects of it) and the drilling program for Bottletree, an updated JORC for Cockie Creek's copper could come out.

Nickel seems to be on its way back, thus increasing the prospects of SPQ doing someting with its highly prospective Big Mag/Dido prospect adjoining Bottletree, but a totally different and separate geological setting.