I've read your other posts and I think you are a very cautious investor ( like Ghosta) and I have come to the same conclusion onthis company. Sure I think AGM will be a better company than this one but at the moment MCR is taking advantage of the current nickel price and is worth a packet in my opinion. It's a real cash cow and I can't believe no one else sees it. IMHO this will go to $4 or get taken over. To avoid the T/O they will need to 1) buy back a truck load of shares or 2) pay a huge special dividendv to clear the cash. There is no point buying other companies at this point. Is my reasoning sound? This is one of the cheapest stocks around IMO
cheers
MCR Price at posting:
0.0¢ Sentiment: Buy Disclosure: Not Held