MCR 0.00% $1.39 mincor resources nl

Here's the weekly for the nickel. Dunno - must be the Iran/Iraq...

  1. 561 Posts.
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    Here's the weekly for the nickel. Dunno - must be the Iran/Iraq jitters going down - gold is back over $1400 US for the first time in several years, and the Nickel price went *boom* last week. A bit spikey for mine - no solid uptrend to be seen. Yet.

    Anyone on the forum got a fundamentals view on MCR ? I note they want to get rid of their pureplay gold capability, and resurrect the Kambalda Ni operations. I would have thought that they would hang out until NI > $14000; clearly this is not the case with the CR and stated intentions. It would be good to nail the "viable" price for MCR against Nickel. I thought it was ~$14000, maybe management know something that we don't ?

    I agree with line of cobar - when NI goes off, it sure as hell goes off. Bring it on

    All IMO, please DYOR, and go well all

    https://hotcopper.com.au/data/attachments/1607/1607184-82753173861c78b38f0333348e443efe.jpg
 
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