re: some big boys hungry for mcr
I really believe that $2 is a given at this point in time. It's not often that the market presents such an opportunity.
Right now there's a 40% gain to be made from MCR and IMO, the only risk lies in the possibility of Nickel halving in price. I can't speak for anyone else, but personally, I believe these high nickel prices are going to be with us for at least the next 2 years. So that's a risk I'm willing to take.
I originally bought MCR at about 18c, then sold at 25c. I then realised how silly that decision was and bought a heap of them at an average of 75c. I wont even entertain the idea of selling mine for anything under about $2.20
The combination of capital growth and excellent dividends make this a unique opportunity.
Krazy
MCR Price at posting:
0.0¢ Sentiment: Buy Disclosure: Not Held
