I have at last discovered an indicator stock for nickel. The...

I have at last discovered an indicator stock for nickel. The stock is RML or Rusina Mining.

Rusina Mining has laterite deposits in the Philipines. They have arranged a deal with a local company, Acjoe, for direct shipments of low grade ore to China for nickel Pig Iron production. This same local company intends to build a nickel pig iron mill locally as well.

As long as Acjoe is operating shipping or refining nickel we know the big companies Xstrada, CVRD, Norilsk and BHP are not concerned about the nickel supply- demand situation and nickel prices can be expected to remain high.

But the minute Acloe stops shipping or refining nickel we know the big boys have shut them down. This mean they are worried about the supply demand situation and have shut down the nickel pig iron operations to ensure a continued market for refined nickel.

When Acjoe shuts down, we would expect the SP of RML to drop pretty dramatically.
Hence we now have an indicator of the nickel supply-damand equation as seen by the big nickel producers. They know the situation far better than the so called “Analysts” who published their poorly research predictions on a daily basis.

Incidently the SP of RML has been climbing lately. A strong indicator that all is well with the nickel supply.