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)
Message: Nickel inventories dropping like a stone in the last week!!
Wait till the protracted strike at Vale kicks in!
However, we are still have high invetory levels overall:
Glorieux
PS This is not meant as an insult to our brave people facing really tough negotiations, but reflects the reality that removing 10% of world production will squeeze prices higher!
New Message
Please
login
to post a reply