Hi Fedexpress - "both have short mine life and limited reserves. Copper and zinc turned the corner, now nickel will be next IMHO"
IGO might have a few reserve problems, but IGO are now into exploring the completed South decline, should be a ripper.
Mincor have just shored up 4 new nickel tenants, with Carnilya and Durkins Deeps which will most likely contain 100,000 tons of contained nickel if u read between the lines. Marniners Deeps a new exceptional ore body, where the hell does everyone get this idea Mincor has a short mine life.
Sorry have to strongly disagree, mine life is not an issue for Mincor.
As for Nickel crashing, where is the stock going to come from, lowest LME for years. So when do u predict the Nickel price is going to collapse Fed ???
MCR Price at posting:
0.0¢ Sentiment: None Disclosure: Held