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Bullboard - Stock Discussion Forum
Mirabela Nickel Ltd Ord
MRBAF
Metals & Mining
Industrial Metals & Minerals
"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."
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GREY:MRBAF - Post Discussion
Mirabela Nickel Ltd Ord
> Whats wrong
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•••
TheMonster
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Post by
TheMonster
on Dec 21, 2011 10:15am
Whats wrong
The low volume and downward price movement on up days is quite concerning. Large volume of trade right off the bat today. Are people dumping this thing?
(5)
•••
bull_man
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Comment by
bull_man
on Dec 21, 2011 10:21pm
i think it's just about the base metal market; everything seems OK at mirabela.....they are about to get to full production; they are fully financed; they have sales (for all output) locked up until 2014; rumours they are being sought after for acquisition; they are unique as a nickel "sulphide" mine with shortage predicted after 2014: may have life span of 30 years: hang on, things
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