MCR 0.00% $1.39 mincor resources nl

Ann: Quarterly Activities Report , page-7

  1. 2,907 Posts.
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    You can't compare the 2, Mcr ni only and Igo also has stake in large gold resource.
    From memory,Igo produces more ni than Mcr and at a lower cost.
    However,Mcr is a well managed co, cashed up and doing reasonably well in a subdued ni environment.
    But over the last week it would appear that Mcr is being held back with a capper at 58c.and lots of bots.
    I don't think it's a bargain right now or a dog either.
    Can't see the sp dropping below low to mid 50'c
 
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