MBN 0.00% 8.3¢ mirabela nickel limited

Reversal of fortunes, page-146

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    Guessimates.....
    Yours, mine, their guesses are as good as mine. 0c, 5c, 7c, or it could be 9.2c and a quick bounce from here... back to 15c, to 20s - its what your comfort threshold is... has actually touched the lower Bollinger Bands today at that 9.2c and Relative Index long slow scree to 50 today- one can argue it should take a rest now and reverse from here. ST Slow Stochastics also crossed and turned from limbo land... mild yes... but who knows? technical analysis can mean nothing.... with stock so tightly controlled by ex-noteholders- so I guess that was all for entertainment value only... but I don't think they will sit idle on the market forever... if it goes to those low 5s, 6s, 7s unless they are selling stock to us, I think there will be good demand at those prices.. there wont be enough then and demand will exceed supply... will they sell at those prices? Or is their threshold 10c? If it is 10c then would it be foolish to let go of your stock below that?

    When it does move it will likely be fast rather then slow..IMHO...
 
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