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Tuesday, April 03, 2007

Can't keep the Nickel bull in its pen!

Talk of the historic bull market in Nickel coming to an end might be premature, as fresh fund buying tied to continued supply concerns has 3-month Nickel futures surpassing their all-time high of $48,500 per ton today. The latest supply concerns involve word from Western Australia's Jubilee Mines that production might fall by 500 metric tons this year, at a time when world Nickel stocks are already very tight. Read More.....