MCR 0.00% $1.39 mincor resources nl

chart - maybe time to go long?, page-27

  1. 2,906 Posts.
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    Can't see the bottom,could be too deep to see.
    If ni price drops below usd$8. then look out,$1 here we come.
    Not a good sign when continually hits it's low for the day at close.
    Qutly report not too bad but with constant high volume of late on heavy selling,anything is possible re the near term sp.
    Fundamentally,mcr is a great stock but with the overall market sentiment of late,the sp keeps getting hammered.
    As for divvies,possibly 4c again but so what,it drops more than that most days lately.
    Mcr no different to mbn,pan,mre etc in this market,all getting smashed.
    But I'm hanging on for the long term.
    Great management,profitable,plenty of cash.
    Might need to find that USNOB or diversify a bit although all base metals out of favour lately.
    Still my favourite stock although that might change in a hurry if sp drops below $1.
 
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Currently unlisted public company.

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