MCR 0.00% $1.39 mincor resources nl

share price looking weak, page-2

  1. 1,539 Posts.
    Tom,
    Ive been a long term holder and kind of agree with your sentiment on MCR. For whatever reason, I suspect its outa favour with the daytraders...god knows its gunna make a shiteload at these current prices converted at 69c aussie.
    With good ann's MCR goes down, with no anns MCR goes down and when US$ Nickel spot falls it goes down.
    Unfortunately David Moore is also not the type to flood the market with a contstant stream of ann's just for the sake of it - so if you want a quick speculative buck, MCR isnt the go!
    If you want a profitable miner paying dividends with good reserves and a good mine life and good stable management, with well managed risks, then they are the go. But its boring and not very exciting for the speculators.
 
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