MCR 0.00% $1.39 mincor resources nl

share price looking weak

  1. 3,792 Posts.
    Yeah, MCR finished up 6.45% today but overall the share price looks weak.

    If MCR was a proper Nickel miner it's share price should be trading in the mid 70 cent range.

    I do realise MCR just brought a 3rd Nickel mine into production a couple of weeks ago & has a 4th ready for production shortly but it seems the market does not value these & instead chooses to devalue the share price.

    Who is you or I to argue with the market?

    The market is never wrong.

    Personally I think MCR is worth more but time will tell.

    Cheers.



 
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Currently unlisted public company.

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