I concur with positive postulations on MCR - no bad news announced.. sellers panicked from nothing new, maybe dey hear chicken little screaming sky is falling. I buy MCR at cheap price, bottoming pattern maybe around 70-80c, when it bottoms i buy more.
Market show no respect to MCR - no debt, higher income and sales at higher grades wit mass spending on drilling exploration to define larger mine life soon..... WUNDERBAR
Volume shows no change in low selling. Once market revalues dis factors den price on way back up in line wit Ni price rises estimated by Macquarie and Citibank much higher next year. Macquarie experts in dis field and TP of $1.55 is good mathematics compared to other WA NI stocks.
MCR Price at posting:
75.0¢ Sentiment: Buy Disclosure: Held
