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Agree Kennas, one I have dealt with for a long time.The Nickel price is very much the key. The spike a year or so back was on excitement that a breakthrough process had been found together with a processing firm who was going to join in. The CEO, in my view seemed to knock it on the head, who also played in and out of the stock at the time in big numbers.Back then also the nickel price was breaking $US 22 a pound, we now see it languishing at $10. Housing downturn world wide will also have a big effect on stainless steel.So I will continue to watch, and perhaps one day.
Agree Kennas, one I have dealt with for a long time.
The Nickel price is very much the key. The spike a year or so back was on excitement that a breakthrough process had been found together with a processing firm who was going to join in. The CEO, in my view seemed to knock it on the head, who also played in and out of the stock at the time in big numbers.
Back then also the nickel price was breaking $US 22 a pound, we now see it languishing at $10. Housing downturn world wide will also have a big effect on stainless steel.
So I will continue to watch, and perhaps one day.
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