Last night Ni closed juust above USD4.00/lb. A year ago it was close to USD8.00/lb. This cancer in commodity prices shows no sign of ending. Yet it can't continue ad infinitum either as mines around world close as they lose piles of cash on each ton produced. WSA will be one of those left standing but it will be a long haul. I'll look to re-enter but not yet.
http://www.*****metals.com/charts/nickel_historical_large.html#1year
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- Nickle price at just above $4.00.
Nickle price at just above $4.00.
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