MBN 0.00% 8.3¢ mirabela nickel limited

Ann: MBN Q2 Investor Presentation, page-133

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  1. 399 Posts.
    I'm afraid the hype has to end. There is more going on in the world than MBN and nickel, in which case the stockpiled ore, the crashing REAL etc mean little. The bigger picture here is that the world is setting into what looks like another global financial crisis... the last of which took nickel prices down below $10,000/tonne and got down to $9.71K or $4/pound where even MBN would make a loss. In this scenario to keep things going they may just opt for a CR.

    Here is the historical price you can see for yourself (Lehman Brothers collapsed in Sept 08 and Nov 08 Obama became president and brought to the world the largest stimulus package the world had ever seen at the time).
    http://www.indexmundi.com/commodities/?commodity=nickel&months=120

    So before anyone keeps suggesting that MBN will skyrocket at this point is frankly delusional. I've been saying in my previous posts that no one on this board can predict what will happen. So potential investors need to do their own research.

    Finally there is a definite 7 year cycle and for the last 49 years this rings true with major events happening during September/October of the year 7 years apart. Take for example Sept 2001 and Sept 2008...  next in line is Sept 2015... WHICH MAY OR MAY NOT give us the next financial crisis.

    http://www.24hgold.com/english/news...H11690&redirect=false&contributor=John Rubino

    Current holders who are in a loss at present just sit tight and hold in the hope that MBN can steer through the tough times and possibly tougher times ahead. I am a holder just giving a warning that sometimes we can be deafened by the beating of our own drum that we don't hear the war drum... there is a clear signal as shown in the article with so many stock markets taking big falls... something ugly is looming!
 
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