OTCQX:BALMF - Post by User
Post by
astrorbiton Jun 01, 2018 4:53pm
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Post# 28113698
Historical Nickel price.
Historical Nickel price.In 2006-2007 nickel lme was 35,000. It stabilized at 5000 then increased to 460,000 2017.
Currently it is 292,000. If the EV revolution does come to fruition.It could be very interesting.
In 2-3 years.
The nickel price did go parabolic to $24 then went down to $12. Down to 4.Now to about $7.
At about 50,000K if it happens $12?<—based on historical price.
The question remains @6 nickel grasset is worth how much?
How much does $1 increase in the nickel give to Grasset deposit?
Still wonder why there is not even a J/V....Hmmm...
The nickel drilling may help...
Perhaps the “size&scope” is not worth it currently.
I will hold until zero :)