has the nickel price prive bottomed, page-3

I use a guy called james Flanagan at Gann Global for long term trends. He was expecting a major bear market rally on commodities (and stocks), on the proviso the commodities index and S & P didnt break below some support points. Well they did last night!

Consequently we are in no mans land, in fact Flanagan thinks it could be catastrophic. The US economy is a catastrophe. Nickel could trade at below the cost of production for another year, though IGO should still be just profitable. When nickel rallies though it should be strong , esp if there has been supply destruction. IGO could then have another bumper crop. Its a bit like being a farmer!

I bought IGO because it was a last man standing stock. heaps of cash, quality management and 30% of a stand out gold project. I've got a 3 year view. You need to because the next 6 to 9 months could be devastating for stocks.