"Our nickel ore is so rich, therefore profitable, that market for nickel has little to do with it. Yes little because the market has not disappeared but merely receded a bit. That decline is mostly in the west, China by western standards is still in a go ahead status. Growth declining from 10% to 8, even if 6, is not a catastrophy.

I said it before = Should the commodities markets decline to the point of half the mines for nickel in the world closed our Eagle would still be very profitable."

You kinda missed it. I pointed out companies that are producing but the sp still takes a hit. It is a matter of perception. If there is a perception that China is declining regardless of whether they are still ahead of us, the market will go where there is not the perception of declining if that is only toward protecting assets as in gold etc. In case posters hadn't noticed the market rarely if ever has little to do with "it".