MCR 0.00% $1.39 mincor resources nl

Chart - MCR, page-810

  1. 9,764 Posts.
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    famous last words
    today another red candle and another 6c lower
    now closing at 138c at once again daily lows

    You see the chart & my posts but but you ignore them & wont believe it till you are trapped in the BEAR RUN like I was 2015, its dejavu.

    soon the crackdown below the latest desperate cheap CR 136c
    then the SHARP drop away.

    the production is lower than PAN POS (est) yet 3-7 times higher MC, who unlike MCR both have MILLS. either this is way way overpriced or PAN POS are way way underpriced, or probably both.
    The production and low resources doesnt justify this exorbitant MC and market is agreeing.

    Another AF disaster investment looks like as I called it.

    MY CALLS on here bearish spot on since April 2022.
    My call of 120-140 SPOT ON now twice correct.
    Yet im criticised for making correct calls since April 2022 LOL.

    a HOLD sentiment means not selling and HOLDING!
    Holding as the SP crashes is a bad capital loss disaster imho.
    Its not a SELL sentiment indicating its going lower & theres no divys so why HOLD whilst its crashing?!

    Trading rule 3
    Never buy on the downside, dont catch the falling knife, wait for the floor it will be boringly obvious

    NO I am the voice of reason and reality and you may not like it but I post here to let the readers hear a dose of reality rather than the usual unbridalled ramping.
 
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