MCR 0.00% $1.39 mincor resources nl

I was on the ball with this one eh Jojo?LME showing Nickel...

  1. 1,539 Posts.
    I was on the ball with this one eh Jojo?
    LME showing Nickel stocks crashing as I predicted back in Jan and March, with holdings dipping to 18,000t...from the high in Dec of 35,000t.
    LME also shows yesterdays spot Nickel hitting US$22,500/t, meaning that MCR are now selling unhedged Nickel at over A$30,000/t!!!!!
    Whaddya think of that.
    And the good news all aint' over yet, Nickel stocks will continue to run down for at least another 8-10 weeks driving up spot prices.
    Only an unforeseen calamity can spoil our dream run from here....MCR over $1 s/term IMHO
 
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