Post by
Sanguinity on Mar 08, 2024 12:59pm
Either a rally, or a dead cat bounce
https://markets.businessinsider.com/commodities/nickel-price
As of midday today, nickel has risen above $8/lb. The question is, does Sherritt have enough gas still in the tank to survive long enough to make a profit, and/or, nickel doesn't sustain these levels. Those Indonesians are relentless in wanting to control the market with their low-end production costs.
Comment by
CommonCents123 on Mar 08, 2024 2:30pm
I believe it's related to USD mostly...IMPO. Waiting for the big drop!