MCR 0.00% $1.39 mincor resources nl

can anyone explain share price drop, page-2

  1. 1,539 Posts.
    Apart from general mkt sentiment and PON, I wonder if that stoopid little piece I read on the weekend about metals and Nickel in particular didnt help. It talked about Minara and its production issues and how only low cost producers will succeed...referred to MCR as a high cost producer with limited minelife...makes you wonder if these articles are written by people tracking the growth in our resource base or not.
    I also read another independant article suggesting that with its low pe, cash in bank and current capitalisation it was a real t/o target atm.
 
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