SI
SI
discoversearch

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor.  We ask that you disable ad blocking while on Silicon Investor in the best interests of our community.  If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.
Gold/Mining/Energy : Gold and Silver Juniors, Mid-tiers and Producers

 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext  
To: koan who wrote (30756)1/24/2007 5:33:57 PM
From: 4C  Read Replies (1) of 78417
 
STF where would the nickel come from to meet demand?

Right now from NWI because I have a ton of shares, later from FNI, once I get in at lower levels, hopefully, lol.

Seriously though, I get your point, there is a shortage I know. However, speculators have used news in the past to exaggerate moves within bull markets. I think Nickel's extraordinary move since the new year is one of them. They have used the strike and the sinking ship as an excuse to push Nickel up with great momentum. All I'm saying is there will be a short term correction, that's all. Plan your play and play your plan...is all I'm doing. Let's see if it works out.

BTW, look at the Uranium market, it finds itself in a similar situation I believe. Speculators used the Cigar Lake incident and pushed Uranium prices at a faster pace to 72 from late October to end of year. Look what happened, most of our favorite U stocks have corrected and now everybody is holding their breath waiting to see what will happen at Cameco.

STF
Report TOU ViolationShare This Post
 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext