Nickel has had such a run, very strong message being sent to producers to put more out, trading so far over cost of production ... message being sent to steel mills at the same time, to substitute other metals like moly, which looks pretty good in the near term at least - marketoracle.co.uk
Gold - kitco has it bouncing back over five bucks now, for whatever that's worth ... i like gold over the next years, but it is so easy to manipulate as long as central banks have any at all ... wouldn't want to be out of quality gold juniors, probably should adjust their slice upwards, still it's a lower priority for me than is zinc, whose future seems more clear than for any other metal ... silver too, bit of a wild card but with history of dramatic moves, think i'd put my near term lineup as Zn-Mo-Ag-Au ... gold is always there though
gqc.v - could be weak for a bit, still last week showed there were people watching, it's going to be a play well followed, so as we're anticipating the next holes, and when news comes out on the JV properties with Gold Fields, it will be noticed ... and i think if i was holding some of those cheap warrants, i wouldn't dump all the stock as cheap as possible, when there is clearly more story to come |
