There must be something other than Ni driving this now. Ni is down about $1.00 to about $7.5. You can't justify a SP of $1.15 of MCR at this price.
Are people just expecting the Ni price to head back up?
If they thought the Mittel announcement was so good, why didn't the SP move much at the time?
But if it is gold, copper, why isn't NIU moving too? Is it because MCR is supervising the drilling?
Who knows. I don't.
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