MCR 0.00% $1.39 mincor resources nl

Wakeup,I won't go into the details but my loss exceeds...

  1. 13,963 Posts.
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    Wakeup,

    I won't go into the details but my loss exceeds yours.

    Also perhaps not so conservative as I use leverage, only margin loans, NEVER CFDs. However in April I was actually UP at an all time high, now back a year.

    As I got out of MCR in time, my main losse is OZL/OXR, but a huge paper profit wiped from IGO.

    Hard to know where to find safety atm, but whilst I feel the company is well managed, will remain profitable, and be much larger in 5 years, I do not feel MCR is currently a safe haven investment. Thought IGO before $6 was, but was wrong. Atm feel safest with some small oilers, but really looking for a no brainer, preferably outside the sector.

    EL
 
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