third qtr results huge fourth qtr bigger

Hi everyone,

As I said earlier I expect the 3 Qtr results to be around the $50 million in profit, which would be a new record for MCR.

But looking at where the Nickel price is going for the 4Qtr we could be breaking again this current record.

Remember the 3 Qtr results are with an average Nickel price of US$19/lb

The 4 Qtr average Ni price looks to be around at least US$22 so far....

Nickel April 13,08:41
Bid/Ask 23.3354 - 23.4715
Change +0.9677 +4.33%
Low/High 22.3678 - 23.471

Just remember these high prices will stay with us imho for at least another 10 months and probably longer.

Good luck

jojo