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Message: Over $5/Lb Nickel

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jumafl

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Over $5/Lb Nickel

posted on Jan 28, 09 09:13AM

Nickel back over $5/lb which is the goal short term. Can't see it going too much further since hardly anybody is mining ore at these prices. I don't see any evidence of LME inventories coming off dramatically, but I'm pretty confident they will eventually.