GREY:MRBAF - Post by User
Post by
bull_manon Jun 16, 2011 4:45pm
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Post# 18725971
ironic
ironicwith only the dollar value of cost-overruns needed to bring ambatovy into production just announced the other day, sherritt could have actually bought mirabela with that money in its entirety, at it's current closing price of today, a 23-year low-cost nickel "sulphide" mine, about to go full capacity, fully financed, generating positive cash flow, low-risk, with strong potential of expansion.......go figure?????
THAT'S HOW UNDERVALUED MIRABELA IS......should be $4 - $5 NOW, and i would not be surprised if we get taken out in the near future, "hopefully" in that range.