GREY:MRBAF - Post by User
Comment by
brendellyon Nov 03, 2009 6:03pm
398 Views
Post# 16449613
RE: RE: RE: More, and More News Releases- ;)
RE: RE: RE: More, and More News Releases- ;)Depends on how you look at it as "loser" or not. I entered this at $2.00 and it has held consistantly in this region for a few months. You could argue that many other mining companies during this period provided a higher ROR, but you have to remember that there is still risk associated with newly producing company and many investors are willing to wait on the sidelines before the company gives the green light that the operation is where it needs to be.
A newly producing, low cost nickel company with expansion potential in a mine friendly environment is what keeps me around. There are far worse investments people stick their neck into than this one. There will be upside, I like our chances with this one.