What's the bet by the end of the day we'll either be back to where we started or better.
Plenty of people are willing to take the weak sellers.
Mining index down 3.5% at the present time and a lot of red on the boards.
See nickel has taken quite a hit over the last couple of days. Has been quite large fluctuations over the last few weeks.Approx US$7.97lb last night, down from US$18635/t, to US$17875
Hopefully China, Sth Korea and other Asian markets keep getting stronger to keep the buying up.
I don't think uranium has got the same issue as it's trying to meet a growing need down the track and not so tied up with what's happening today
Regards
Dabru
end of the month, tick tick , page-14
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