Peak Oil/low grade nickel Remember when the world was calling for peak oil? Around 07,08...the world was running out of oil and prices spiked. Then a little understood method called fraking unleashed a boom for US oil producers. I remember...same premise here. Low grade nickel deposits that were passed over previously, just like oil deposits in America before 07...new technologies, new processes always develop. High grade nickel deposits are few and far between. The world will adapt and more than likely embrace low grade high volume deposits....that's my belief and bet. You don't agree, cool...but the nickel has to come from somewhere.