MCR mincor resources nl

Hi loki,I understand your argument and you are right WSA knows...

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    Hi loki,

    I understand your argument and you are right WSA knows how to find the nickel and keep adding.
    The difference for now is I think that MCR will get it much quicker out of the ground and in larger quantities.

    Just keep in mind that Mincor has a target of around the 20000 t/ni production p.a. for I believe end 2008.

    WSA has a target by end 2008 of about 8000 t/Ni p.a.

    WSA has a target to hit the 20000 t/Ni p.a. set at around somewhere between 2009 and 2010

    As you said before with MCR we have the proven management scenario regarding delivery and production.
    WSA is still a junior producer with little history compared to MCR.

    Ofcourse there are plenty of positives for WSA like the low cost production of around the US$2/lb and the large resource base.

    But what count today is money in the bank, large production that return good profits, dividends to give the company some extra appeal ect.

    Mincor has those but WSA still has to work on that.

    Ofcourse this is only my opinion but certainly dictates where I would invest my money in for now.

    good luck and I am sure you will have some good returns coming from WSA.

    jojo
 
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