I am interest in this stock because they have more than 200 Million Cash and have no debts..... Cash will only increase with at current production rate, which is a very good sign for long term holder and also MRE looks much in better with the current NICKEL and COBALT price even if the price of Nickel/Cobalt go down a bit which is highly unlikely with the world is coming out from the worst ever recession period after 1930's recession With improving financial and world markets, I can see the demand of all commodities will only increase which we already have evidenced i.e. all the commodities have increased more than 100 % in the last 6 months. Having said that price of commodities will increase in the future but it can come down a bit for small period of time IMHO. I have bought again MRE and KZL. Also note that at one time both MRE and KZL well above the current price.
MRE Price at posting:
92.5¢ Sentiment: ST Buy Disclosure: Held
