I have been wonedting why MCR's rerate hasn't been more pronounced. Looking at nickel juniors such as GAL who are still trying to prove up a resource, they have share prices which seem high in comparison with MCR with its proven resource and proven track record of sound management. Why are we not at $1.50 - $2.00? I would appreciate comments from others with more knowledge re MCR's proven resource and future cash flow potential based on that resource?
MCR Price at posting:
$1.02 Sentiment: Buy Disclosure: Held