I have to agree with mgale and believe that we have not seen the end of the run with MCR. At the moment the Nickel producers are stuck and the market is not sure what to do. The longer the market hesitates to re-rate the producers for what they are earning right now, the more the shareprice will jump once the starting signal is given.
It has to happen, something has to give and I know that for now it will not be the high nickel price.
This may well be an opportunity to jump in for the next leg up imho.
jojo
MCR Price at posting:
0.0¢ Sentiment: Buy Disclosure: Not Held