Forget Gold. Nickel Is a Better Long-Term Bet

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.

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Forget Gold. Nickel Is a Better Long-Term Bet

posted on Jun 22, 2009 03:33PM

DB) analysts expect gold to struggle. They say it tends to underperform industrial metals when general price levels are reinflating. Melek says nickel miners like Vale (VALE), whose shares have spiked since the winter, to about 19, are a good bet.