MCR 0.52% 96.5¢ mincor resources nl

Bubby,I just don't trust the Ni inventory,seems to be a bit...

  1. 2,252 Posts.
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    Bubby,I just don't trust the Ni inventory,seems to be a bit manipulated for my liking.
    Some analysts have been predicting a Ni price rise for many months now but continues to drop.
    Cash reserves continue to drop with falling ni price and management would do well to forget any dividend until ni rises and is sustained.
    I think the piddly divvie could easily be made up for even in just 1 days rise in the sp when things turn around.
    Am tempted to buy back in (after being out for the longest in 10 yrs for me ). but am just watching for now as could easily drop back into the 30's.
    Pan,igo and wsa certainly look cheap now also but is hard to pick the bottom or near to it in these uncertain times. good luck.
 
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