Post by
wise_investor on Nov 30, 2012 12:03pm
2 factors affecting profit are becoming more favou
The nickel price is rising ever so slowly towards $8 and the Brazilian Real vs $US keeps weaking to the lowest level in many years. Both these factors will definitely help Mirabela become profitable and eventually we will be seeing a higher share price. Still a long way for me to reach my breakeven but they are a producing mine and should be around for many years if they are able to control costs during these tough economic times.