I agree many won't find anything but the chances of finding...

I agree many won't find anything but the chances of finding nickel is about the same as finding lithium. Many of their peers (MPJ, SEG) have moved on from nickel.

Wouldn't it be better to be looking for a commodity that is trending at the moment (and will for the foreseeable future) than something they haven't been able to find for years? If they do get lucky then at least a strong market for it.