Re: Nickel rising
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Welcome To The Inspiration Mining HUB On AGORACOM
The company is exploring for nickel deposits on its Langmuir property near Timmins, Ontario; for nickel-gold-copper on its Cleaver and Douglas properties; and for molybdenum and rare earth elements at recently acquired Desrosiers property.
Message: Re: Nickel rising
A snippet on todays action:
"Nickel traded at $11,105 after rising 10.7 percent to a high of $11,399 against $10,300 at the close on Wednesday.
The weaker dollar and technical buying offset a jump in inventories, up 2,424 tonnes to 68,640 -- with LME stocks rising 30 percent so far this year.
"Nickel rallied 10 percent yesterday and today it is more of the same -- short-covering after breaking through certain technical levels," said one LME ring dealer."
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