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Gold/Mining/Energy : Inco-Voisey Bay Nickel [ T.N.V] -- Ignore unavailable to you. Want to Upgrade?

To: 1king who wrote (543)	11/5/1998 2:03:00 PM
From: Tom McIlwain	Read Replies (1) \| Respond to of 1615

Guess this explains it: Inco Ltd - Globe says strike in South Pacific boosts Canadian nickel shares Thursday Nov 5 1998 The Globe and Mail reports in its Thursday, Nov. 5, 1998 edition that both Inco and Falconbridge stock advanced yesterday, $2 to $18.20 and $1.50 to $18.15, respectively, on the Toronto Stock Exchange. The Globe's Market Movers column says investors in Canada can thank striking miners in the South Pacific for the rise in the share prices of nickel mining concerns. When miners on the island of New Caledonia stopped work, nickel prices rose for three days in a row on fears that shipments could be disrupted. Apparently, the workers, who are looking for some government aid, downed tools to protest nickel prices that have recently slumped to their lowest levels in 11 years. The job action appears to have produced some result: Nickel is up 6 per cent this week. Mining analysts also say investors are beginning to buy some of the deep cyclical stocks in anticipation that world economies will improve.