MBN 0.00% 8.3¢ mirabela nickel limited

Some good news., page-603

  1. 785 Posts.
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    "are you sure you hold?"
    100% sure. If I would sold at 8.7c, I would have got 3 baggers from MBN. Unfortunately I didn't.
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    "They want to sell the mine at a very good profit?"
    Of course they want. Who don't want? What you want and what you get are different. If they could get what they want they would be not the secured creditors of MBN. Who want their money trapped there for nothing let alone losing the capital on fire!
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    Another DOCA? No ones want it so far.
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    Relisting? Three conditions: Nickel price >= $6; mine not sold; hot enough market.
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    Big shareholders want more? Bull***! It could be true before this delisting not now. Some of them would like to get out as soon as they could. They have been in loss position in resource booming. They are not gamblers as you. They know MBN is a dead duck until magic happens!
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    Then liquidators are there. The problem is no serious buyers so far. You want sell your house for acceptable losses but someone just put $1 for it. Too much losses and you could not hold it. So you hold your house painfully!
 
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