MCR 0.00% $1.39 mincor resources nl

last bargain days, page-3

  1. 13,964 Posts.
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    Mgale,

    Agree. I think I"ll take a stab at a couple of years at 14 to 16/lb, maybe longer, but I"ll only invest on 10/lb being a possiblilty. Not sure that bau investment plans will address the growth in demand even beyond 5 years.

    Worth reading Chris Bonwick's response on the pon in IGO's Open Briefing today. These miners are ALL very confident of ongoing high nickel prices, albeit none prepared to suggest 20/lb will last.

    Poor Squish. While MCR has recovered much, MRE has continued to slump.

    For anyone that has researched LIM, it may be worth picking some today, as it has fallen following last nights tsx fall, and will wait for instructions from Toronto as to what to do tommorrow. DYOR -take your own view, just a very biased view from me.

    EL
 
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