re: real accummulation??? In reply to your question with what's going on with SMY.
I suspect a couple of things, a) there are options exercisable at 28 cents due to expire in December, from memory I think there are almost 3 million of them. and b) the changeover to underground mining next year, creating uncertainty as how it will affect costs.
Also, nickel price is falling and stocks are rising (although stocks are very low)
I continue to hold, don't know why, suppose I think they are worth it.
Does anyone know any info about the non-availabilty or otherwise of ice breaker ships during the forthcoming Canadian Winter?, and how this may affect Inco and Falconbridge.
Appreciate any info.
Regards,
TDF
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