MCR 0.00% $1.39 mincor resources nl

good 4qtr report out, page-8

  1. 9,468 Posts.
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    I guess we would all like for MCR to keep going up, up and up. But that is not the nature of the market. You have to be prepared to weather the downtimes. A friend I know who is a stockbroker said that in the market you have to be prepared to wear a 40% hit or else don't bother getting in.

    I have many stocks where I have had to weather this hit, but for MCR I have been in since 62 cents, so I can still sleep at night. I am not focusing on the short term but on the medium term as i see more growth for MCR ahead. The div's will be nice too and with the negative sentiment at the moment, who knows opportunities abound for some judicious acquisitions for a cashed up MCR.
    Keep the faith, this one is only starting to run.
 
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Currently unlisted public company.

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