a question, page-3

Glencore has been a substantial shareholder since dot, and has just increased their holding. This is all very transparent in the announcements and in the website info. What is also transparent is the total lack of ability of Minara to meet any targets. They have disappointed just about every quarter in recent memory and have constant plant issues.

I held for over a year and kept thinking it was good value based on fundamentals and it was, but the market does not like this stock at all. It has lost 30%--even accounting for divvies and cap return in a market environment that has seen a 30% increase that you could have realized by throwing a dart at the board (so long as it didn't hit MRE. I sold at 1.76 taking a 20% loss and lessons.

The recent run-up was due to glencore taking a larger position, but now that their buying is over, we're back down to 1.62 again. Is this good value??? Maybe, but look at the chart and tell me where it's going.......

With a plummetting nickel price...I think there is better value elsewhere.