GREY:FNKLF - Post by User
Post by
nickeltraderon Jan 04, 2011 5:27am
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Post# 17920791
Nickel Prices to drop/flat for next few years
Nickel Prices to drop/flat for next few yearsThe following article does not paint a pretty picture for nickel prices over the next few years. Still in line with what FNI wanted, assuming an 80 cent $CDN/$US exchange. However since the exchange rate has been bouncing between 93 cents and parity, it will be very difficult indeed to raise the remaining 30 million from the banks :(
https://www.im-mining.com/2011/01/04/nickel-market-outlook-first-quarter-2011-rbc-capital-markets-predicts/