DD MCR got sold off recently because the 3rd quarterly was disappointing.Mariners 2 mths behind schedule and production FY 2005 revised down from 10500 to 10000. MCR report Mariners producing OK since April. MCR have higher costs than IGO but I think that was already factored in. I am expecting 4th quarter results to confirm a turnaround. Current sentiment towards metals looks dodgy so could still get sold down regardless of fundamentals. Please do your own research I hold MCR
MCR Price at posting:
0.0¢ Sentiment: None Disclosure: Held