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MBN - Mirabela Nickel

Re: MBN - Another Record High Day

MBN - Technical Analysis Chart
 

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Re: MBN - Another Record High Day

Hi Guys...

Go you good thing MBN!... lol (nah kidding, but great announcement, pushed share price up like crazy...)

Cheers,
sis
 

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Re: MBN - Another Record High Day

still_in_school,

Well done up 35.62 % to-day. I thought my +30.61% on first day of the month would put me in the lead in the Dec competition.

Hope it keeps going for you.

Bingo
 
Re: MBN - Another Record High Day

Hey SIS,
how did you come across this stock? Do u have a filter program that u set predetermined conditions to search for ?
MBN is a great find, unfortunately all my funds are tied up!!

alvin
 
Re: MBN - Another Record High Day

Hi Guys,

i cant say much about MBN, but as a tip ( sorry all i know is a big announcement is coming out in the next couple days or even tomorrow )

and that there is a great possilbility that MBN, may sky rocket and go through the roof, in the next very short time frame.

today there was some inside activity happening and the share price guess so happened to skyrocket and go to almost highs..

anyway in short, some brokers have been buying up the stock in huge amounts, in sight of the new announcement to be released.

Cheers,
sis
 
Re: MBN - Another Record High Day

the technical chart below, shows some inside activity on MBN trading up north again, with todays bullish candle opening up and closing on a high, but also a significant amount of volume being traded (yet the volume of trades, being mainly purchased by Brokers) in the sight of a new announcement soon to be released.

Cheers,
sis
 

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Re: MBN - Another Record High Day

still_in_school said:
the technical chart below, shows some inside activity on MBN trading up north again (yet the volume of trades, being mainly purchased by Brokers)
Cheers,
sis


All from your charts.---Amazing.
 
Re: MBN - Another Record High Day

sorry guys,

forgot to mention, how i know the stock was beening, purchased up by brokers, just after monitoring yesterday's activity with MBN, i contact my broker out of curiosty, into finding out, who was buying it up in large amounts, and was able to get confirmation, from my broker, that 2 particular brokerage firms, were buying up, in sight of the news soon to be released.

Cheers,
sis
 
Hi Still in School/Techa

What do you think of PCG's prospects ( i obviously think they're OK and bought in at 0.435c)

But wanted some input from yourselves..?

I'll try and post the chart :arsch:
 

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Re: MBN - Another Record High Day

MBN still looks strong.Low risk entry with stop at 41c OR wait until it takes off again.

Must say some of you guys come up with a "few" good prospects for Funnymentalists!!
 

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PCG

Well............

I'd like to say 60c :D

I'm prepared to hold it for a while as it has consistent earnings per share growth and high revenues.

I believe that 2004 profits were up 77% and it is trading at a P/E of 8.9 with strong cash flow..

Is anyone else following it.

PS- TECHA your chart showing the %'s from it's low point gave the chart some perspective, thanks

The Barbarian Investor
 
Re: PCG

The Barbarian Investor said:
PS- TECHA your chart showing the %'s from it's low point gave the chart some perspective,

Its actually a Fibonacci Retracement tool.
Strong trends retrace around the 23-38% level and lesser strength trends may retrace further 50-61%

Your forgiven you havent seen one before.
Its a technical tool.Interest value mostly.(In my veiw)

tech
 
Re: PCG

tech/a said:
Its actually a Fibonacci Retracement tool.
Strong trends retrace around the 23-38% level and lesser strength trends may retrace further 50-61%

Your forgiven you havent seen one before.
Its a technical tool.Interest value mostly.(In my veiw)

tech

...and sometimes a self fulfilling prophesy.

A lot of these things work because so many traders are watching them-particularly in the commodity markets. Thats why I watch them.

Certainly nothing mystical about them though as some try to portray.
 
MBN has performed well since recent share placement in August and has shown strength during the market weakness in recent weeks.

MBN has plenty of liquidity on hand, significant targets in the pipline, BFS out in April and some significant JORC deposits.

Trading wise MBN has wide spreads and with momentum and the low SOI, regular profit targets can be gained on a weekly basis. The most tradeable nickle stock on the ASX in my opinion.

Opinions anyone.......?
 
Will fall depending on not just the nickel price but the forward expected nickel price. Remember MBN is not going to be in full production until mid 2009 at the very minimum

So the nickel price in 2009/supply situation is the relevant factor.
 
MBN update, since last post 2 weeks ago, MBN have jumped another 40 odd percent :D .
A combination of Dundee Securities upping thier holding & the recent MBN listing on the TSX are pushing Momentum in what is already a thinly traded stock.

Attached MBN presentation worth a read............. page 19 worth noting, if you have a forward view of Nickle.

http://imagesignal.comsec.com.au/asxdata/20070223/pdf/00696502.pdf

CRVD will eventually T/O MBN prior to production at Santa Rita.
ATM just biding thier time till ramp up draws closer. CAPEX dilution at this time should see CRVD take a 20% holding, any potential success on JV resource base targets, would provide the jumpstart for a T/O..............
 
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