MCR mincor resources nl

getting hammered, page-2

  1. 38 Posts.
    I called Mincor today and spoke to them about it, and they have no idea why the sp is being sold down. If there was any bad news, it would have been reported. As far as mincor is concerned they have seen this happen before several times in the past 12 mths, with the result that the sp rebounds in due course to the mid 70s. They are working this year to propell the company out of this trading range, and with David Moore now being able to devote far more of his time to MCR (rather than TYC), this is what's likely to happen.

    Imho, the current solid buying will support the sp and when the selling dries up, the sp will recover strongly.
 
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