i give you 10 reasons for, 1 against

Positives.

1 - Cash costs for their nickel production $4.96, versus nickel price around $8.00 a lb.

2 - 81 million cash and recievables in the bank and no debt.

3 - 2 new high grade ore bodies coming on stream in the next two months.

4 - A lousy $200,000 spent on extending their tenements.

5 - A rich gold\copper play in New Guina

6 - The MD has been buying, on market.

7 - They are buying back cheap shares.

8 - A MD you can trust.

9 - They pay a dividend, probably more than your bank pays.

10 - There are so many nickel producers that will go belly up, if prices stay at these levels, opening up the opportunity
for a quick rebound in the nickel price.

11 - Norislk is hunting and BHP is looking at selling Nickel assets.

Negatives.

1 - With the world treading water, we still face depression. ( Mincor will survive, they have the cash)