MCR mincor resources nl

has to go up on fundamentals.

  1. 9,509 Posts.
    lightbulb Created with Sketch. 663
    No body likes Mincor and the shareprice shows it all.
    But can we really ignore all that cash that this company is generating.

    Can we ignore this company that has no debt and has some real good exploration tenements and plenty of money to go full on exploring, something what they are doing right now.

    What about the Millions of dollars that will come flowing in from the TYC take over??(at a dollar value of about10% of the current Mcap)

    Do we really only want to throw our money onto exploration companies who have nothing of the above and have to keep on issueing script to pay for the next drilling round???

    Nickle prices are not going soft and the trend is bullish which means more cash.

    Its a frustrating market but I will stick with MCR for now as I know that they will come up with the goods and the market can not keep on ignoring it.

    jojo


 
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