large nickel rise overnight, page-8

re: mcr - director selling Thats a great point you raise dv, in fact if I remember it correctly, it was mis-reported in some papers that he had sold all of his holding, and I believe this contributed to the downturn.
Its not only this, as their have been a record amount of penny nothing stocks list in the last few months and perhaps MCR arent the flavour of the moment.
However with the longer term Ni price actually tapering back, and the fact that MCR are producing/selling unhedged Ni now, by the time the new startups get to actually explore/mine/sell, a lot of the current shortage/boom may have passed!