With cash costs at US$3.34/lb, the climb from the price of...

With cash costs at US$3.34/lb, the climb from the price of US$7/lb (US$3.66 profit) to the current US$9.13 (US$5.79) is a 58% increase in profit.

In the same time, the stock price has gone from $1.45 to 2.45, a 69% increase. So if it's purely tracking the nickel price, it's gone a bit too far. Still, I'm not ready to jump off, with the nickel stocks finally making a definitive move downward it's looking very positive.

Way to early to call a long term recovery, but I'm looking to have this one in a years time, should all continue to go well.