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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 (31992)2/5/2007 3:44:01 PM
From: Mac  Read Replies (2) | Respond to of 78430
 
Toyota want hybrids in 10 million units by 2010. With 15 lbs on average per unit, that alone equates to 75,000 tons of new nickel. I am not sure how much nickel some of the large vehicles will require.



To: koan who wrote (31992)2/5/2007 3:45:36 PM
From: Claude Cormier  Respond to of 78430
 
Clearly you are right about Ni for the long term.

I am just thinking that no bull market take place without large correction.

Ni has gone from $5 to $19 in 14 months. That is a huge move for a commodity. Should come back testing support..

Unless of course there are absolutely no hidden source of Ni inventory...then maybe it will continue straight up.

As you say, we shall see.


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