Originally Posted by
Daytr
Couple of comments.
I think these guys are good honest operators, however they don't promote themselves well enough compared to the likes of PAN.
I was looking at both PAN & MCR weighing up which is the better investment. They both actually stack up quite well.
MCR lower cost producer, but only produce 10k tons a year.
PAN double the production at higher cost. MCR has the reserve & resource base to be producing more & I think this is where they don't get as much bang for their buck in a rise in the Ni price compared to PAN for example.
I'll be patient, on either & happy to miss the boat, but PAN is up 8% today & I would rather wait until it settles before taking a position.