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nickel price rising

  1. RKS
    573 Posts.
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    11/12/08
    14:58
    Post #: 4595675
    The Nickel Price has risen by 1.413%.

    Over the past week it has risen from just above $9,000/ton to the current price of $9,330 or around 3.7%

    I assume that supply is dwindling as so many Nickel miners have closed.

    ALB fell with the Nickel price as much as anything else and so we should expect to see it rise with the price (has risen from $4/lb to $4.17/lb)

    Once the price gets above $11,000/t ($5/lb) we're pretty well home free and the SP should soar.

    Robert
    ALB Price at posting: 7.7¢ Sentiment: Buy Disclosure: Held
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    lightbulb Created with Sketch.  Great analysis
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