Honestly I am pessamistic aboutt he ability of this entity to continue.
This is not a diversified miner.
This is one mine.
One operation which is losing money on every pound of Nickel it produces and every hour it continues to operate.
Your answer is yes it will drop below 30 cents. Im not concerned with conjouring a price target because I'm not a cross-eyed looking at a chart kind of guy.
I am somewhat of a countervailing argument to the ridiculous rampers who thankfully have left the building in the last 4 weeks. I think that speaks volumes in itself. I dont think I'm a doosdayer but Do NOT underestimate the severity of the emerging downturn. I sincerely hope that this Project survives and the people who's livelihood depends on this are kept from the turmoil that care and main would mean. Dear fellow speculator: you can find more rewarding trades than this look on.
MRE Price at posting:
30.5¢ Sentiment: None Disclosure: Not Held
