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: Re: Misfit's Midday Musings for Wednesday, July 30, 2008

Nickel is another commodity that is needed throughout the world. It also has limited inventory levels which rise and fall, adjusting the price accordingly. Though was are at about $8 a tonne, this is the lowest price seen in the last couple of years and just a year ago we saw $15 per tonne and before that $25 at its peak. The current prices are likely a reflection of the N.A. economies more than anything else so the price should rebound once things pick up again

Misfit,

I found this paragraph confusing. The London cash price for Nickel is currently $1855. per tonne, is your price per pound?

Jan

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