re: where's the downside risk ??
I agree - it's very unfortunate, but it seems to have been the nature of this stock for as long back as i can remember. I subscribed to the original Africwest IPO, and it was sold down from day 1, and just kept going!Apart from the run on all nickel stocks 18mths or so ago, each few % gain in this stock has been frustratingly slow.
Things currently aren't helped by the people, who for some reason, feel the need to stack their sell orders on the offer at 69.5-70.5. I'm hoping that a reserve update (which i think will be out shortly) will take these people out.
MCR Price at posting:
0.0¢ Sentiment: None Disclosure: Held