Hmm.. i question how much research you have done about MBN...

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1for1

5,687 Posts.

2247

06/05/15

23:30

Post #: 15231462

Originally posted by Feng1 ↑

Well I certainly hope not.

I do appreciate all the analysis people are running especially Tomboy but I do wish they would temper it with more disclaimers and exit thinking. It's never too early for exit thinking.

People especially those new to this must know the risks which is extreme for a one mine, single product company with a tainted past located in a growing but high Gini country that could become more restless as it moves towards a economic downturn (N3 drivers anyone? Don't think it will benefit you just because you own a nickel mining company...)

Perhaps they do which is why the SP isn't going up drastically which I actually love. I'd rather slow and steady for 1yr+, make some solid profit and get out unless they start diversifying with broader revenue base.

Expand

Hmm.. i question how much research you have done about MBN yourself considering you are warning others about it..

"single product company" - just no..

Ore Reserves

Column 1 Column 2 Column 3 Column 4 Column 5

1 Category

Tonnage(000 t)

Grade(Ni%,Total)

Grade(Cu%)

Grade(MgO %)

2 Proven

4,840

0.58

0.14

31.2

So if you'd looked at there Results or website you'd know they produce large amount of Copper and Magnesium Oxide also..

thanks for your warning.. ill take it with a grain of Magnesium Oxide and copper to go with the single nickel.

	Column 1	Column 2	Column 3	Column 4	Column 5
1	Category	Tonnage(000 t)	Grade(Ni%,Total)	Grade(Cu%)	Grade(MgO %)
2	Proven	4,840	0.58	0.14	31.2

Last edited by 1for1: 06/05/15

MBN Price at posting: 14.5¢ Sentiment: Buy Disclosure: Held

6 Upvote

0 Great analysis

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