Yep all good points arsenic - I would only add to that there is much more potential upside to Tin, Copper and Nickel prices in the coming year than there is with Gold, while Gold and Gold stocks had a pretty good 2016 overall I think 2017 will be all about the less sexy but ugly stuff such as Zinc, Nickel, Tin and maybe Copper as well. If and when they get the Nifty operation proven to be sorted out/turned around then watch this space.
Of course improvement in the prices of these base metals may not necessarily translate immedietly to rises in the MLX share price, but eventually it must make a difference to the bottom line of the MLX operation. With the recent demerger and split, and as a original but recent pre-slit MLX share holder I am still holding onto both my MLX and my WGX shares at the moment (my average price pre-split was around $1.01 per MLX share), as I haven't decided what to do about them yet, especially since I wasn't a huge fan of the demerger in the first place, and have the time and inclination to see what happens with both going forward.
Interested in other opinions whom are pre-split/pre-demerger and are still holding both MLX and WGX and what their opinions are.
MLX Price at posting:
82.5¢ Sentiment: Hold Disclosure: Held
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