nickel stocks down

Finally there has been a significant reduction in Nickel stocks at LME....down 480 to 8550. Maybe this is a sign that the rule changes at LME have run their race and that true Supply and Demand will return to the Nickel market.

The new rules should also ensure that it doesn't overheat like it did in Mar - May this year.

With increased demand out of China and India, stocks should come back to the 5000 - 6000 level and hold here as new producers come on line (including AGM)

Regardless of the O/N DOW, this alone should assist AGM in moving above the 79/80 support line, which it has held well during the past week considering the market pressure it has been under.

Anyone know exactly what is happening with the ball mill??