Furhter to your Ursa Major article here's one on Belvedere. I found this at the GCR site. It was taken from another Nickel hub according to the poster

http://agoracom.com/ir/GoldenChalice...

I note this particular paragraph:

"You will see a lot more news of people falling out of the market fairly quickly if the price stays where it is," he adds.
Pym attributes the drop in nickel prices to the panic that is gripping the equity markets. He also blames hedge funds, which were "in big" with commodities. The high-risk investment vehicles liquidated about US$50 billion in the month of September alone, Pym says.
Hedge funds have "usually gone long on commodity prices and short on financial stocks so there is a lot of this chicanery going on in the market and it's just carnage out there in commodity prices as well as in stocks," he explains.
"Hedge funds have agreements with shareholders that if the value of their holdings reaches a certain point they have to liquidate and all of these things have happened or they're liquidating to meet margin calls in other areas."