From what I have been told if things get that bad MRE is likely...

From what I have been told if things get that bad MRE is likely to get bought out buy a bigger resource company. I bought this stock on friday, and am rather worried after seeing the dump on close to 35c. No announcements on Friday and the stock lost 30% - someone knows something (apart from obvious factors such as drop in Nickel price/DJIA etc).
There comes a point where the cost of getting the stuff out of the ground costs more than what they can sell it for. If it gets to that point (and it may already have) it would make sense to stop mining it.
My only hope is the prospect of takeover if things get worse.