Hi guys,
Who would have thought that after the latets aquisition and just on the way to the $5 mark we would get hit once again by such a downside force.
We hit $3.77 that day , who would have thought that possible. Ofcourse in todays modern world with stop losses everything seem to be possible these days.
So where are we going now with Mincor??
I personally believe that Mincor will still be on the way reaching the $5 mark, remember I said we had the $5 mark in the pocket???
That opinion has not changed but it may take just a bit longer before we get there.
Some mentioned that MCR will become a $10 stock in the near future, maybe end 2008???
I can still see this happen. But on the way getting there we will have our ups and downs, but the trend will be up imho.
High Nickel prices should stay with us for probaby at least another year and this means MCR will be awash with Cash.
Cash is something the market can not ignore and therefore MCR will keep growing imho.
The latest announcement was very encouraging for both MCR and VRE holders. I am fortunate enough to be both as I expect quite some more upside from Carnilya hill who as a high grade previous producer will show its real colours once again imho.
Now after Carnilya hill we have plenty more to keep us busy, we have the Juan Otter mine which is already producing and ofcourse the Durkin and MCMahons projects.
And least but not last the existing producing mines from MCR like Mittel , Wannaway, Mariners ect who are still an exploration paradise.
So MCR has enought Nickel prospects to keep themselves busy for a long time to come.
And these are the Nickel projects only that I have mentioned.
So all in all we have a very exiting time ahead with plenty fluctuations in the up and downside on the way flush out all those who still not believe in the story.
good luck to all
jojo
Hi guys,Who would have thought that after the latets aquisition...
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