Quote Originally Posted by Daytr View Post
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.
MCR costs around $5, sales around $9.00.

it does not take much to figure on this.
Hence if u want 120 thousand shares, be prepared to pay 80 cents.

Mike Moore is conservative and honest to the bone. Unlike PAN who like to bullish.t somewhat.
Anyway watch this space



Buyers
Buy Quantity
Prices
2 9,350 $0.565
2 17,000 $0.560
1 19,874 $0.555
6 76,966 $0.550
1 20,000 $0.545
4 27,698 $0.540
4 51,662 $0.535
7 111,272 $0.530
2 52,000 $0.525
2 59,615 $0.520
31 445,437
Prices
Sell Quantity
Sellers
$0.600 14,469 3
$0.605 13,000 1
$0.610 10,000 1
$0.620 3,523 1
$0.630 12,500 2
$0.650 7,740 1
$0.695 1,743 1
$0.700 44,200 1
$0.730 10,000 1
$0.800 1,500 1
118,675 13