new 5 yr. overlay of price vs. inventory..............

Welcome To The Inspiration Mining HUB On AGORACOM

The company is exploring for nickel deposits on its Langmuir property near Timmins, Ontario; for nickel-gold-copper on its Cleaver and Douglas properties; and for molybdenum and rare earth elements at recently acquired Desrosiers property.

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whaler

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new 5 yr. overlay of price vs. inventory..............

posted on Dec 26, 2008 06:54PM

made this to show the relationship, yet it varies alot from the levels we saw 4 yrs ago (Dec03-Dec05) when we had probably a third of the nickel in the LME yet saw 5 dollars then. Nickel was cycling between 10 and 20,000 tons and it was still fetching an average of $4-$5.00.

Today we approach 75,000 tons on hand......and it flirts with 4 bucks...what gives?

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