It's been a while since I looked at the charts over on Kitco. There you have from 30 day to 5 year charts on the various prices and the warehouse inventory levels.
I'm seeing two strong trends developing
1) prices for alum/copper/lead/nickel/zinc all trending upwards (higher highs and higher lows)
2) inventory levels for all approching/trending towards 5 year lows; and in some cases at 5 year lows
I remember all the news of drill results...daily...from various companies (noront included)...results and future targets...ect back in 2006 to 2008....then a complete halt
Only tidbits of drilling...now mostly gold
When the inventories get low....what will there be to replace the depleted mines?
It takes a long time from discovery to production.