Nickel - the metal for 2007?

[nizar]

Seneca
ABARE is a wonderful organisation, with talented forecasters.
You should read their past 4 year's worth of metals forecasts.
If they were on performance bonuses, they wouldn't have a nickel to their name.

LOL I second that!

 

[Seneca60BC]

LOL I second that!

LOL cool.

 

[tour]

hi.

it seems that almost all interest is now into zinc. im still a big nickel fan, and i still hold their stocks. i was just wondering how would you see the price of nickel will be in the next couple of years? i noticed that nickel is steadily incresing but its still small. there is certainly plenty of junior explorers and mid-size capanies already starting production and thats only in australia. will you see supply or demand to be substainable in the futre? as you see im investing for growth, and there sre many stocks that has potential but will take time to flourished.

thxs

 

[stoxclimber]

wow! Nickel prices down 8.46% on the LME!

What happened?

No news on Kitco yet..

 

[Sean K]

wow! Nickel prices down 8.46% on the LME!

What happened?

No news on Kitco yet..

Holy Cow, that's gotta b an error. None of these go down that much in minutes.

 

[Sodapop]

Yeah - the stockpile figure hasn't been updated either by the looks... wait and see... shot-term blip even if bona fide (i hope)...

 

[Fab]

OOps if that is correct this is not good for auz ?
Can you provide a link to where you get this LME update from .

Cheers

 

[stoxclimber]

fab: from www.kitcometals.com

I don't think theres another site out there with live prices to cross check...

 

[scsl]

It's now down 8.16%. Perhaps it's no mistake...

 

[stoxclimber]

"recovered" now to be down about 2.5%...who knows? maybe it was just a mistake after all

 

[chops_a_must]

I'm tipping Palladium as my metal for 2007. I'd say platinum is going to run, which will also push up rhodium, and possibly even Palladium. Although I think Palladium will be the bigger % gainer, Platinum stocks will be the winner next year. Lets see if I'm right, lol.

 

[andrewkmz]

Nickel price increased 4.22% to 15.48 US$/lb last night.

"Nickel soared to a 19-year high amid supply fears after a French court ordered Inco Ltd. to halt construction on part of its massive Goro nickel project in New Caledonia due to environmental concerns."

more details: http://www.kitcometals.com/

Is the turn for Nickel?

I think csm (Consolidated Minerals Limited) can benefit from this, any other stocks or thoughts?

 

[michael_selway]

Nickel price increased 4.22% to 15.48 US$/lb last night.

"Nickel soared to a 19-year high amid supply fears after a French court ordered Inco Ltd. to halt construction on part of its massive Goro nickel project in New Caledonia due to environmental concerns."

more details: http://www.kitcometals.com/

Is the turn for Nickel?

I think csm (Consolidated Minerals Limited) can benefit from this, any other stocks or thoughts?

why CSM?

JBM, MRE, MCR, IGO, SMY

thx

MS

 

[redandgreen]

I guess that CSM is probably the only nickel play atm that hasn't benefited materially from the soaring nickel price. Maybe because they are a bunch of incompetents and Titan may turn out to be a dud.....
CSM I suppose represents value and potential SP gain???
That's the reason I continue to hold!

 

[andrewkmz]

Thx MS,

I picked the CSM because their sp is at low atm, while others' sp are their historical high. CSM are going to produce 6000 t nickle this year and increase to 15000 t in next 5 years. Last year their Nickel Revenue was 51.8 m, Giving nickle price more than doubled this year, the nickle revenue can be easily over 100 m.

Thanks for other nickle players name, I will have a study through.

AZ

 

[nizar]

why CSM?

JBM, MRE, MCR, IGO, SMY

thx

MS

AUZ?

 

[Freeballinginawetsuit]

Nickel price increased 4.22% to 15.48 US$/lb last night.

"Nickel soared to a 19-year high amid supply fears after a French court ordered Inco Ltd. to halt construction on part of its massive Goro nickel project in New Caledonia due to environmental concerns."

more details: http://www.kitcometals.com/

Is the turn for Nickel?

I think csm (Consolidated Minerals Limited) can benefit from this, any other stocks or thoughts?

Agreed MS, forget about CSM, market confidence is crap and they continue to deliver poorly in the curent marketplace considering their assets. I bought a few the other day but more as a hold ATM.


The lagger of the Nicklers as of Yesterday was MCR.

Take a look a close look at MCR. they are low cost/overheads (utilize BHP's proceess plant at Kambalda), just moved into in-house mining rather than contracted, deliver on exploration plays and relatively low hedging( 26% if memory is correct). MCR's management seems on the ball.

Friday a week back at pre-open, was the time to re-enter or top up youre Nickle/Zinc holdings . Perfect opportunity missed by probably the majority on ASF, again!.

 

[chops_a_must]

Agreed MS, forget about CSM, market confidence is crap and they continue to deliver poorly in the curent marketplace considering their assets. I bought a few the other day but more as a hold ATM.


The lagger of the Nicklers as of Yesterday was MCR.

Take a look a close look at MCR. they are low cost/overheads (utilize BHP's proceess plant at Kambalda), just moved into in-house mining rather than contracted, deliver on exploration plays and relatively low hedging( 26% if memory is correct). MCR's management seems on the ball.

Yup, totally agree. Managed to pick up a bargain after an insto dumped them. Plus, they have some zinc exploration projects. I'm looking forward to seeing what these guys manage to do in the new year.

 

[Fab]

AUZ?

Yep I would have thought AUZ too but they are not moving much recently more consolidating

 

[Caliente]

hi, what are the thoughts on GME in this thread? Picked up a fair parcel on friday and wondering whether I've paid too much for its potential?