Gold is a very emotional metal and boy are we in an emotional market right now. Given the overall financial conditions and rush to US$ it's hard to see it recovering much in short term.

Nickel and industrial metals prices aren't supposed to fluctuate as wildly as they have and considering the underlying production costs it's hard to see them not recovering over the short, mid and long term.

The futures and commodity players have had a lot to do with low prices as they make as much going short as going long. Just like with Noront if you HAVE to sell you take a bath and if you wait while exploration continues and value gets added you WIN.