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I believe that Inco is moving for 3 reasons.
1)There has been a steady rise in nickel prices from $1.92 to $2.32 a lb

2)World inventory of nickel is slowly decreasing

3)With price increase we may soon see talks between Inco and Newfoundland re Voisey bay.I still doubt anything will happen unless a third party gets invovled but rumours alone will hopefully move the price.
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