MCR 0.00% $1.39 mincor resources nl

MCR chart, page-59

  1. 3,259 Posts.
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    Larry
    I still hold some MCR only because my sells were not fully filled at recent highs. MCR has excellent grades but is at the mercy of upstream processors. IMO, they are more than fully valued at current Nickel Price. Rome is always the best place to be before the sh1t hits the fan.

    FYI, POS is a dog with poor nickel grades, but it does own 2 massive idle processing plants (circa $400m operational). So while MCR and POS are the same commodity play they are totally different beasts. Both will prosper with increased Nickel Prices expected in the future, but POS currently has a much great Risk/Reward profile. POS is controlled by Squadron and Black Mountain Metals and there will not be any take overs.
    All IMO and DYOR.
    RED
 
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Currently unlisted public company.

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