For nickle where we have a shortage of now and in the foreseeable future, I must say that the Nickle price has been totally unpredictable. You would think that the price trend is up with some small re-traces along the way, but so far this has not been the case.
The huge rises and re-traces we are seeing at the moment could they be the beginning of a real rise in the Nickle price??
With the major economies now joining China in the growth race, it looks like everything is set for this to happen.
Looking at this scenario Mincor with no more hedging in place and having one of the biggest Nickle reserves in the country must be a buy at this moment.
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