Hi tricha,Some people just do not get it and still think that...

Hi tricha,

Some people just do not get it and still think that MCR has a short mine live.
Sadly at 80 cts they said this and now at $3 plus they still say it.

I wish some more people would do their own research and spend some time analysing companies like MCR and realise what a steal this company is even today at just over $3 its a BUY.
We are now looking at a PER of around 5 how ridiculous with all the exploration happening and new resources being added as we speak.

Mincor is still a strong buy at these levels and Tricha is right we will become a billion dollar company , but only those who spend some nights doing research will realise this.

I will stick it out with Mincor and remember how everyone was saying the JBM was to expensive at $3 , now its about 5 times this amount......

Wake up guys and realise that Mincor could easily make a profit of 40 million for the next 3 quarters to come.
this would be PE of 15 cts per qtr.
Or 60 cts on a 12 months basis.
It would give us a PER less then 5 (keeping in mind of the $85 million in the bank)

Now that is a bargain imho and with Carnilya hill becoming a new producer this year, production increases would probably offset any weakening in the PON imho.

We all know (if you done your research) that nickel will stay extemely tight for the next 24 months and tight for the next decade it we have to believe the specialist in the field.

Lucky enough we all know which large Nickel mines are coming in production in the near future so we now only need the world economy keeping up the current strength.

Imho its all good and the nickel producers are still going to be in favour for some time to come.
Small corrections can be expected in this process but fundamentals are still very much in place.

jojo