Once $1 becomes strong support, this one will rocket only my opinion. Double your money from now in at least a year, and I think thats conservative. Ni and Co are awesome.
MRE are the 4th biggest producer of Co in the world and as such this alloy will become more and more popular as more mining operations open around the world. From an material engineering point of view Co is used in ever increasing hardfacing alloys and other special alloys its corrosion resitance is excellent. Co consumption will rocket over the years. You want to value add, here it is boys and girls, 40 years of it.
I have every faith in this companys management to perform. They have done so well during this testing time, they rose to the challenge and passed.
MRE Price at posting:
$1.00 Sentiment: None Disclosure: Held