Babjak you should have also reminded us that our resource is 3 to 4 times larger now then it was in Oct.2008.
Couple that with the 2x from Nickel price (lets just forget about the prices of the other
metals) so that 2 x 3 or 4 means we hve a factor of 6 or even 8.
Just take the lower one. That means $1.25 of that times 6 means a price of $7.50.
We are roughly 1.60 now so this becomes a discount of 5.90.
The cause?
I hope most agree that it is a combination of the economy ( we already had a strong
impact from the economy then ) and the natives.

These are factors that should change, one sooner the other probably much later. Cheers.