MCR mincor resources nl
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re safe haven

  1. pangloss
    77 Posts.
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    06/08/14
    15:52
    Post #: 13779023
    Despite all the news that should have helped the nickel price it is still struggling to hold , now $18500 - the same goes for copper at $3.25 /lb .Why I do not know. Maybe it is August when big traders are away or maybe it is inventories in the case of nickel .Whatever the reason imo it does not pay to buy mining stocks when their major metal is weak. Also the charts don't look too hot !
    MCR Price at posting: 78.0¢ Sentiment: Sell Disclosure: Not Held
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    lightbulb Created with Sketch.  Great analysis
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