I disagree with your comment regarding resource companies paying dividends. It is not "stupid" as you say.
MCR paid dividends for over 10 years, and existing shareholders and shareholders at the time appreciate that! Personally, I have not been a shareholder of MCR. One day, I hope I will be. Take a look at BLK, a soon to be GOLD producer - their aim is (when the time is right), to pay a modest dividend. They are 6 months or less off their first pour. Now - that is the sort of thing that investors look for.
Don't get me wrong, I am not having a go at you, I simply disagree.
Besides - MCR is extremely well managed. I admire David - many in the industry do.
It is such a shame that MCR is where it is from a SP point of view. No doubt, over time, they will be back full steam ahead, when the time is right.
All the best
Gracie
MCR Price at posting:
15.5¢ Sentiment: None Disclosure: Not Held