They have  been  paying  much higher  prices in Europe  for a decade....  about  double  that  of  NA  and  you  don't here  them  talking  about the  gouging  oil  companies  every  few   minuits on  main stream media.

I think in  a few  years  the   story  will not  be  what  is  being  paid  for  oil  and  some other  commodities , but  if you can get them...

China, India and  others are  changing the  whole  supply  demand  relationship.... we  are  not alone in the  quest  for  secure supplies of   commodities.

First  phase of the  bull is that the  big  guys  canibalize each  other  as this  ensures short  term  maximization of  profit....  this will then trickel  down to the   mid tier and  finally the   jrs.....

Robust new  deposits such as  NOT will be   gobbled  up  in the   infancy  of the   bull  run.... they are the  future  production   as the   old  mines  deplete.

We have  had  decades of  consuption without  significant investment  for  future  production.... The  LME  inventory history clearly  shows  this  has  happened over the  past  decade...

The  world  will now  pay  for those  days  of  80 cent  copper, 2.50  nickel,  $10  oil and  $250 us  gold.... what  goes around  comes  around......  now  it's  pay  back time.!