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Bullboard - Stock Discussion Forum Gungnir Resources Inc V.GUG

Alternate Symbol(s):  ASWRF

Metals & Mining Industrial Metals & Minerals
Gungnir Resources Inc. is a mineral exploration company with base metal and gold permits in northern Sweden. The Company’s assets include two nickel-copper-cobalt deposits, Lappvattnet and Rormyrberget, both with updated nickel resources, and the Knaften project which hosts a developing intrusion-hosted gold system, and VMS (zinc-copper) and copper-nickel targets. It also has Hemberget property... see more

TSXV:GUG - Post Discussion

Gungnir Resources Inc > opening price of $45,590 ... for 3-month Nickel
View:
Post by CrazyProphet on Mar 16, 2022 7:50am

opening price of $45,590 ... for 3-month Nickel

https://www.reuters.com/world/china/caution-reigns-nickel-trading-resumes-london-2022-03-16/
The price of nickel, which is used to make stainless steel and is a key material for electric vehicle batteries, had been rising steadily even before the conflict in Ukraine ramped prices up even further.
Comment by woundedknee on Mar 16, 2022 8:53am
It would appear that the LME has been greatly influenced by the large Chinese Short position. Looks like a complete mess. LME has lost all credibility. And looks like traders may shift to ...
Comment by woundedknee on Mar 16, 2022 9:02am
Sorry about that! .....may shift to Shanghai where nickel was suspended for only one day last week and is now trading at 37 thousand plus per ton. Meanwhile trading is again suspended on the LME after hitting the 5% limit. Shanghai has a 17% limit befor shut down. As stated, a real mess. Gl WK
Comment by AllllIllInMates on Mar 16, 2022 9:20am
This post has been removed in accordance with Community Policy
Gungnir Resources Inc
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