As a fully fledged member of the Society of Optimists I share your opinion. Unfortunately in this game you can go broke being right. Nevertheless I still can't help seeing early green shoots every where.
Right now the nickel market is very interesting. The potential supply crunch created by the Indonesians barring ore exports to encourage a domestic smelting industry is artificial and so could end any time. However indications are the chinese are moving into Indonesia to build smelters so they will probably stay the course. If so, the "experts" seem to think it could take 18-24 months for a reversion to normal trading conditions. In that time nickel could hit more than $30k /t.
A couple of good drill hits at Fowlers Bay by the end of the year could put a rocket under things especially as it's prospective for sulphides. I wonder who is sniffing around? Manila, any clues?
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