I agree If XStrata needs ore for their Stratcona mill why not take out URSA at a bottom price of lets say .30 cents continue trucking the ore to Onaping till next summer.
We all know RS doesn't have enough powder left in the bag to hold off a take over especially at these prices.
Sure the nickel price is a big factor in the SP but we've all seen this before this is a down turn in commodity prices that will last for about a year and then rebound. The low nickel price just coincides with all union contract coming due next year .....go figure.....
If the nickel price stays below $7.00 don't be surprised URSA suspends sending the ore and wait till prices rebound.