MCR is a much wealthier company than when it was last buyable at...

MCR is a much wealthier company than when it was last buyable at 75c.

After a $5M raising in 2001 - None since then - MCR has over $100M in the bank (and thats after paying heaps of tax!), many years supply of resource (with more being discovered regularly!), no debt and solid management who deliver on expectations.

This is a very fine company.

I love income producing stocks, and I can't find a safe stock that comes anywhere near MCR on that basis. I would have been prepared to pay 50% more than I did.

What MCR's share price will do in the short-term is anyone's guess, and most who try to guess, get egg on their faces in this market.

But what a great company.