Whats with the SP? Geeeez, Do I buy more or sit tight until gas come on stream and production costs go back to normal. Will production costs ever go back to normal? Will the cost of sulpher make margins very tight in the near term? Everytime there is a positive for MRE, a negative seems to come up from no where. The price of nickel goes up and MRE's SP dives ... What gives? Getting bored of price dives in MRE, I want to see a good SP hike to keep the faith. I guess, if the resource is there, price will eventually catch up with increased costs and margins will return but how long do we have to wait? Glencore must be having a party at the moment.... it's a matter of a waiting game for them. Expect a takeover soon I would say. They paid more than $6 per share not so long ago so they can pick it up for a third of that price at the moment. I'm getting close to buying somemore. Hopefully, I'll get in before Glencore decides to push for a takeover. Holding on for dear profit / loss.
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