"Falconbridge, Union Agree to Contract
Sat 7:54pm ET - Reuters
Falconbridge Ltd. and striking workers at its Sudbury, Ontario mining operation said on Saturday they had reached a tentative agreement on a labor contract, paving the way for an end to a 20-day work stoppage at a site that supplies 5 percent of the world's nickel."
It says the union doesn't vote until tonight our time, but that that the leaders endorse the contract. I would expect a temporary pullback in the nickel price & share price of Nickel Producers. I will keep holding JBM,MRE,TTR,MCR & look to buy in at any weakness perhaps at 10-15% of current values.
Tom.
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