VH No,but I have been interested in the history of the Kambalda area re Ni for a very long time.
Whilst I think there is still plenty of Ni Sulphides in that area it's unfortunate that they have a couple of mines still ready to get up and going again that aren't of the larger resource scale but it's always been that way and it didn't stop them from being a $1B co. at one stage in the previous Ni boom.
Maybe Cassini and Durkin North will change that with more drilling.
Yes,Ni stockpiles are falling but I have never trusted those numbers completely,I reckon there are a few more stockpiles somewhere that aren't accounted for.
I still think the Ni price will have to be a fair bit higher before MCR restart their Ni operation
In the meantime,I wish they would release some Gold drilling results but I still rate this Co. on their Ni rather than Gold.
GLTAH
MCR Price at posting:
45.5¢ Sentiment: Hold Disclosure: Held
