MBN 0.00% 8.3¢ mirabela nickel limited

oversold, page-10

  1. 224 Posts.
    I'm sorry ProPunter23Red but I can't see alot of value in MBN, there makeng less than $1/pound, and they have all that intrest to pay out of that. When you consider they claimed cash costs were going to be under $3/pound back in 09 and now their up over $7/pound. I don't think much of the integrity of the management. Yes there maybe a few minor improvements this year, hopefully bringing costs down $1 and maybe get another $1/pound and if production is up a little it might be good value, but there's just to many if's buts and maybe's in the equation for me.Good luck to all holding at present, I hope I'm wrong.
 
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