re: action today Overall the Ni stockpiles are down dramatically over the past 12 months, interestingly the Ni spot price has increased nearly 2 fold over the same period.
The global players are making serious money even if the Ni price was retraced back to the US$6.00 mark. Go and look back at the historicals, it's there in black and white.
At these (US$12.00+) levels it is the preverbial cream on the cream of the cake.
NIA seems to be positioned well. Time will tell and if I were a betting man and looking for a reasonable punt, this is where i'd be looking.
I am a holder and will continue to accumilate, I have no idea of target price, I am not a physic medium.
I enjoyed the 60 mins report and felt Mr Daws did a fine job representing what he is working on. By the way, Mr Daws, how much is a shetload worth, and can I sell it on the market?
Could be a fine week for NIA.. good luck
DYOR
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