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Mirabela Nickel Ltd Ord MRBAF

"Mirabela Nickel Ltd is a Brazilian nickel producer engaged in the exploration, mining, production and sale of nickel concentrate. The Company's principal asset is the Santa Rita nickel sulphide deposit in the Bahia State, Brazil."


GREY:MRBAF - Post by User

Post by bull_manon Oct 26, 2010 11:28pm
545 Views
Post# 17616531

in mid-2008

in mid-2008this company touched $7.00, when they were more than a year from production.

now management brags about how they brought this mine into production in tough economic conditions......what the hell are they bragging about; did anyone in the perth office recently check the stock markets and notice that we are trading at $1.60?  that is $5.40 from the all-time high; how do you explain to that poor ba$tard that bought at $7.00, when were just an exploration play, that we are now in production, that we will the second largest nickel sulphide producer in the world, and that everything is ok, however we are trading at $1.60 because, mmmm, because, mmmm, we messed up, big time.

strong management team they say......i think i would have done a much better job.

now hoping for a measly buy-out at about $3.00.








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