Nickel moved up to $6.00 US/lb at the close yesterday, with the following statement made by Roger Agnelli of Brazil's Vale (INCO).

"We're in the same situation with nickel, the market has consumed all the
stocks. We're best-placed to supply this market too," he said.

This should be a PLUS for the Sudbury's Miners, Nickel Stocks are low and demand is improving.

Gold finished higher yesterday as the market continued to get a bid on anticipation of eventual inflation, although the metal backed down from its strongest levels during a choppy session. In New York, gold for June delivery settled at $915.50 (U.S.), up $4.50.

CLOSING PRICES (SPOT)

Gold US$/troy ounce 909.85 -1.85

Silver US$/troy ounce 13.82 0.10

Copper US$/lb 2.13 -0.02

Lead US$/lb 0.66 0.00

Zinc US$/lb 0.71 -0.01

Aluminum US$/lb 0.69 0.00

Nickel US$/lb 6.00 0.27

Oil West Texas US$/bbl 56.71 0.37

Nat Gas Henry Hub US$ mmbtu 3.95 0.28

Nat.Gas AECO C C$/gigajoule 3.49 0.16