i am buying, page-4

Good luck Baz, I sold out today with a 50k loss. Lucky I'm long MEO which has done the reverse of MBN over the last 2 weeks.

Agree it ticks a lot of boxes, but I thought there was a floor in the Nickel price at 8 usd / pound, when it dropped to 7.86 last night and I saw LME Inventories at 6 month highs I just couldn't take the pain any longer. What's a mine that isn't profitable worth? The answer is something. But what is a mine thet isn't profitable and owes 400m worth? I got too nervous and sick of it today, luckily MEO has been my saving grace so over the last 2 weeks and I've actually made made money despite the 50k dropped on MBN in 2 weeks....

Will be waiting on the sidelines if things improve. I get the feeling MBN have been calling around town asking for money and the same guys they are calling are shorting them or selling down positions. It could still get worse before it gets better. Good luck!