Another nickel price update....where will it stop? Another drop this morning.
WOW, it's unbelievable that with the exploding EV market, the ever-expanding resilient economies of the world and an apparent SHORTAGE of nickel, that the nickel price keeps dropping?
I would have thought that with expanding demand and decreasing supply, prices would increase? In fact, if memory serves me well, there was only a few days worth of nickel left at the LME which was going to spark a spike in the price of nickel. I guess I should have studied economics. Enjoy the chart below fellow investors.
Sherritt better have some kind of ace up their sleeve. Maybe some company will buy them out so they won't be able to do business in or visit the USA?
What about that buy-back a few were predicting. Good price to buy it back, no?
Where are our Sherritt specialist advocates to speak to these events? They seem to be noticeably absent from the conversation lately. Have the "polar bears" taken over with reality or have the bulls converted to the bear side of things? No extinction event yet; there might actually have to be a cull of polar bears as they seem to be multiplying. Perhaps it's a "bull" or "Bullfeathers" extinction event on the horizon.
GLTA
