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post Posted: Jul 2 2014, 08:13 PM
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In Reply To: mme's post @ Jul 2 2014, 03:53 PM

Plenty of resistance just above. Plus no low risk entry here. Then there is the 99.89% decline in the share price!

My posts are for discussion and educational value only. They are not to be construed as advice in any way.
post Posted: Jul 2 2014, 03:53 PM
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In Reply To: wren's post @ Feb 28 2014, 10:45 AM

Resurrected this week and today powers on and no questions asked about today's action? biggrin.gif

post Posted: Feb 28 2014, 10:45 AM
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In Reply To: wren's post @ Sep 30 2013, 11:04 AM

Mirabela Nickel Limited (Administrators Appointed) ACN 108 161 593 (‘the Company’)
Appointment of Voluntary Administrators ASX code: MBN

The "Sayonara" call on Sept 13th 2013 took a while to play out,but it happened.Blimey,there has been a lot of cash lost on this one,and not just that of shareholders.

post Posted: Oct 4 2013, 10:44 AM
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From ShareCafe.

early birds
post Posted: Oct 3 2013, 03:05 PM
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In Reply To: mullokintyre's post @ Oct 3 2013, 11:14 AM

Perth, AUSTRALIA –3October 2013: Mirabela Nickel Limited (Mirabela or the Company) (ASX: MBN, TSX: MNB) wishes
to advise that Moody’s Investors Services has today downgraded the Company’s Corporate Family Rating and Senior
Unsecured debt ratings to Caa3 from Caa1. The outlook on the ratings is negative.
The down grade comes as a result of the Company and Operational Update announcement to the ASX on 26
September 2013 and the subsequent Company Update on 1 October 2013.

mick, would you please gives rough figure as their assets vs debt at current situation.

hey wren. put in 10 grand at current price of 1 cents, you have good risk/reward ratio. you seems love these type of penny dreadful lately. LOL{ only joke}.
i have been told that nickel price will go up in the second half from me mate in china half year ago. so far nickel didn't go up and MBN gonna bites the dust ---looks like! wacko.gif

post Posted: Oct 3 2013, 11:14 AM
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Anyone interested in starting a consortium to buy the carcass??


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post Posted: Oct 3 2013, 10:41 AM
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In Reply To: wren's post @ Oct 3 2013, 10:16 AM

Decimal error. SP is 1.1 cents ($3 in 2009)

post Posted: Oct 3 2013, 10:16 AM
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In Reply To: wren's post @ Sep 30 2013, 11:04 AM

Anyone for a Nickel mine?MBN now has a market cap of $11 mill. SP is 11 cents.In late 2009 shares were $3 .This company has plenty of debt,and its product price fell dramatically.Could this happen to ,say,Gold,Coal or Iron ore?Or,why couldn't this happen to ,say,Gold,Coal or Iron ore?

post Posted: Sep 30 2013, 11:04 AM
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In Reply To: wren's post @ Sep 27 2013, 10:17 AM

MBN having another day out...down 30%. Sayonara MBN.

post Posted: Sep 27 2013, 08:11 PM
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In Reply To: arty's post @ Sep 27 2013, 01:27 PM


I have to admit having a couple of failed trades in this one before the light came on. It finally appeared to me that there was someone prepared to continuously sell in large amounts. Instead of fighting them, I decided to join the greater force and sold short.
Covered today and consider there will be limited opportunities for many months on the long side. Pretty much end of interest for me.

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