colinchi, well after reading your post,I give up. You still think the sp of mcr held up well with the buyback,even though it fell from low 90's to 55c. Thats about a 40% drop. But I put a lot of this down to the falling ni price and general market sentiment at that time. Yes,pan have fallen further but still would have even with a buyback in place. I think the considerable cash holding of mcr helped to cushion the sp. You say the nickel price will control the sp over the next 6 months,Well done,you at least have got that right.
PAN Price at posting:
58.5¢ Sentiment: None Disclosure: Not Held