You're right, mbn should be doing better than this. But SIR is not going very well at all... I wouldnt want our SP to reflect that at all.
The price of MBN during the last month started at 105 and it's fluctuated slightly but it still remains 105 as we speak. There's a few reasons for it, which have been stated many of times in previous threads. The big boys holding down, the nickel price, the current global economic status, china, greece. The price of SIR has dropped over 50c in the past month.
Projections on SIR are looking pretty average man. But for MBN, we're just waiting for the perfect time (which will be decided for us by wellington) but we're just waiting.
Look at any other nickel producer, their value has fallen immensely over the past few months, SIR, WSA...
The turn around looks more and more sweet as time goes on.
MBN Price at posting:
10.5¢ Sentiment: Hold Disclosure: Held
