HIGH-GRADE NI-CU-PT-PD-ZN-CR-AU-V-TI DISCOVERIES IN THE "RING OF FIRE"

NI 43-101 Update (September 2012): 11.1 Mt @ 1.68% Ni, 0.87% Cu, 0.89 gpt Pt and 3.09 gpt Pd and 0.18 gpt Au (Proven & Probable Reserves) / 8.9 Mt @ 1.10% Ni, 1.14% Cu, 1.16 gpt Pt and 3.49 gpt Pd and 0.30 gpt Au (Inferred Resource)

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Message: COMMODITIES - (Thursdays Close) - Ni-Cu UP
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COMMODITIES - (Thursdays Close) - Ni-Cu UP

posted on Jun 12, 2009 05:33AM


Nickel and Copper seams to be on a tear latetly, its nice to see that Nickel is over the $7.00 mark and Copper is above $2.40. Lead and Zinc have also moved up, it would bode well if they can retain these new highs.

Gold rose from a two-week low in New York and London on speculation that a slide in the dollar will spur demand for the precious metal as a currency alternative. Gold futures for August settlement closed up $7.30 at $962 (U.S.) an ounce.



CLOSING PRICES (SPOT)


Gold US$/troy ounce 954.35 -1.20

Silver US$/troy ounce 15.36 0.14

Copper US$/lb 2.43 0.09

Lead US$/lb 0.81 0.03

Zinc US$/lb 0.77 0.04

Aluminum US$/lb 0.76 0.02

Nickel US$/lb 7.12 0.40

Oil West Texas US$/bbl 72.68 1.35

Nat Gas Henry Hub US$ mmbtu 3.51 -0.06

Nat.Gas AECO C C$/gigajoule 2.68 0.04

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