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0.52% 96.5¢ mincor resources nl

Stockpiles at 12 month lows but nickel price is at 10 year plus...

  1. ktrianta
    3,862 Posts.
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    05/12/15
    16:30
    Post #: 16553428
    Stockpiles at 12 month lows but nickel price is at 10 year plus lows????? Anyone know when price of nickel was last this low?

    Whilst reducing stockpiles is good, when will that translate into a rising nickel price?

    For a while, looked like support at 25 cents would hold, but sub 20's looks likely in the short term.

    Not sure when the time is to jump back in, but currently no rush it seems.
    MCR Price at posting: 22.5¢ Sentiment: None Disclosure: Not Held
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    lightbulb Created with Sketch.  Great analysis
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