MCR mincor resources nl

carnilya hill the next best thing, page-7

  1. 14,185 Posts.
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    re: time to short this stock Shorters,

    Good luck from me too!

    Any serious investors, make sure you look at the P/CF going forward at various Ni prices. If you believe it's going to fall back to USD5/lb anytime this decade, good luck. If however you believe something 8 to 10, then just look at the P/CF and remember this is a relatively small, well managed company with a growth and divi paying track record through much leaner times. DO THE SUMS!

    I am not however betting on fast sp gains from here on MCR (but plan to hold at least for the medium term). We do need to remember with MCR that it has traditionally traded on a low PE and P/CF and perhaps always will.

    LIM is going well, if you want alternative strong exposure to Ni, with greater reserves, but price set by trades on the TSX, up another 0.8% last night. Once again take you own view on Ni and do your own sums.

    Goodluck, I won't be buying yours, nor selling mine,
    EL
 
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