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Gold/Mining/Energy : Gold and Silver Juniors, Mid-tiers and Producers -- Ignore unavailable to you. Want to Upgrade?

To: koan who wrote (31116)	1/28/2007 2:32:56 PM
From: siempre33	Read Replies (3) \| Respond to of 78408

AussieStockForum has a very informative discussion on nickel.... aussiestockforums.com for example... "..the Nickel stockpile on LME is only around 5000 t (25/1/07), are you/they saying that 90% of this is held by one company?.." "The information that 90% of the inventory is held by one US Hedge Fund is not mentioned in any article in Bloomberg. 90% means 90% of the nickel inventory level at LME warehouse, yes not much for nickel. The fund freezes the supply level, while the demand continues to grow, hence will create upward pressure for nickel price. ..Currently I notice a strange situation in the metal market now, all the industrial metals inventory are controlled by funds now. I have a feeling that funds are all prepared to push up metal prices up once copper price is up."

To: koan who wrote (31116)	1/30/2007 1:00:44 AM
From: zoo york	Read Replies (2) \| Respond to of 78408

Hi Koan! I have big chunk of the nickle ore from LBE, that I was given as a sample around this time last year. I wrote an article about the company in Resource World when the stock was trading at 65 cents, and I thought it was a great company, but I did not buy any shares. How I regret that now! I think I missed that boat that I agree with you that nickle is a pretty good commodity to gain leverage to. I have some KXL in my PF right now. I also met with the geologist today from a junior that is only listed on the NEX and if they get the TSX-V listing later this year, I will be a buyer of that one for sure. The company is Shoreham Resources (SMH.H) and they have a large, early stage VMS deposit in Northern Ontario that could be a real sleeper. cheers! COACH247