ni down again , page-2

like I said when ghosta and co bagged me in May.......... nickel heading towards $25,000. LME stocks rose by 600 tonnes and Ni finished at $30,400. The last time nickel was $30,000 in January this year, AGM was 50c. At that time, the market thought production was 9 months away. Now AGM is still about the same time away from production after the delay announcement, nickel is again $30,000 and world markets are in correction mode and the outlook for nickel is uncertain. AGM currently at 71c is 40% above where it was in January. Overvalued I would say in the short term and low 60's in on the cards. Perhaps lower.
The correction in world markets isn't over yet either.