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.
Message: Back to 8 bucks
Despite the ugly LME inventory levels we are looking at 8 bucks again for Nickel
Must be the reports of exponential demand increases in China hitting home.
http://www.commodityonline.com/futures-trading/technical/Nickel-consumption-to-exponentially-rise-12220.html
A snippet:
"However, in the coming months China's real consumption of nickel is expected to rise 25% on the year to 404,000 tonnes this year. But still there has been mixed set of fundamentals factors which may not give a clear direction to the prices. As on the other side China produced 118,234 tonnes of refined nickel in the first seven months of this year, up 10.4% from a year earlier, figures from the National Bureau of Statistics."
A snippet:
"However, in the coming months China's real consumption of nickel is expected to rise 25% on the year to 404,000 tonnes this year. But still there has been mixed set of fundamentals factors which may not give a clear direction to the prices. As on the other side China produced 118,234 tonnes of refined nickel in the first seven months of this year, up 10.4% from a year earlier, figures from the National Bureau of Statistics."
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