MCR 0.00% $1.39 mincor resources nl

whats the story for the halt, page-13

  1. 320 Posts.
    Of course we don’t know just what the market will do and when, but we can sit pretty nicely with 12c+? fully franked each year, with growing cash reserves (over $100M now), and more resource finds, while the world sorts itself out. Its self funding, even at bad borrowing rates! Warren Buffet reckons that if you are happy to buy into something and assume that the market will be closed for 5 years, it probably is not a bad investment.

    David Moore has 4 to 5 million shares in MCR and he mentions the “Dividend” and the “Profit” words a lot in his presentations. I like that, and he has delivered all the way along.

    Aussie dollar just hit US$.67! What a great nickel protector our currency is!!

    S
 
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