MCR 0.00% $1.39 mincor resources nl

Hi jojo,thanks for that post and your one yesteday too.Just re...

  1. 38 Posts.
    Hi jojo,
    thanks for that post and your one yesteday too.

    Just re those warehouse figures, i assume you mean you meant that LME nickel stockpile has dropped by 1,404 t not 33210 t ? If the stockpiles can keep up this kind of decline, I'm also sure nickel prices will continue to rise.

    Btw, if you haven't seen it already, the daily nickel report/chart at www.sucden.co.uk is quite interesting (free to register). They are currently expecting nickel to break-out to either the upside or downside -maybe the declining nickel stockpiles will push prices higher (if the supply and demand theory starts to work again for nickel).
 
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