re: nickel going ga-ga presentation by falconbrid Nickel settled back to a 5% gain. From US$6.05 to US$6.35 last night with a peak at US$6.54/lb.
I expect to see some share price action today amongst the emerging Australian nickel miners and those with good ground.
Doesn't Australia have something like a third of the world's known nickel resources. I found:
"Australia’s share of world EDR was 36.6% in 2004 (up 0.3% from 2003), and it remained the largest holder of EDR followed by Russia (10.7%), Cuba (9.1%) and Canada (7.8%).
at:
http://www.australianminesatlas.gov.au/info/aimr/nickel.jsp
- has links to all the Australian nickel miners websites and links to maps of where they are. Useful summary.
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- presentation by falconbridge-topical
presentation by falconbridge-topical, page-13
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