BMO surged Nickel Price Forecast for 2009-2012
MO Capital Markets surged its mid-term nickel price assumptions by 26% to US$5.80/lb and 36% for 2010 to US$7.50/lb. BMO analysts David Cotterell, Bark Melek, David Radclyffe, and Tony Robson, stated: Additional factors include signs of an economic bottom in the U.S., the fact that the Chinese economy is showing the capacity to absorb large [...]