BYR re 5.6c atm, Gold over US$1300 oz
Sold just over a third(2.9c my entry). Extremely tin arse on this one no skill involved on my part.
Burey Reports Exceptional Gold Results
Printable View
BYR re 5.6c atm, Gold over US$1300 oz
Sold just over a third(2.9c my entry). Extremely tin arse on this one no skill involved on my part.
Burey Reports Exceptional Gold Results
MKO -- toot toot //// muti bagger here we come
https://au.news.yahoo.com/thewest/wa...onzewing-mill/
BYR 6.9c. $11.6 mill placement. Awaiting next drill results not far away. A bit of fever is hitting Goldies atm:).Download Document 95.99KB
Yes is heating up for sure .....and about time i've been a ASX gold bull for years.....
Can't believe MKO hasn't moved more on that last ann. I just don't think the market really understands how valuable having a 2.3mtpa gold plant in eastern Gold fields is currently ...and now with 3yrs of 1mtpa lease to be contracted any day now...pure crazy market value given only 24mill!!
I've crunched the numbers time and time again and it's just not going take all that much for MKO to 10 bag or even be a 30 bagger ...all it needs is a good Gold Reserve be it from the drill-bit or J/V or chq book ....which all looks likely ....
,,,,comparing MKO assets 100-120mill Gold Plant + 280koz Gold resource + great exploration grounds +IRC shares + EAR J/V in the pipeline 2Q 17 + the MKO MD the biggest holder ....and now with this lease deal worth muti-millions + the plant refurbished by the lessee (saving millions)..
then compare that to a explorer with no plant or camp or power dams roads , airfield etc etc .... but some good resources and holders believe they should be worth hundreds of millions ?? ...no idea on timeframe or costs to produce one single oz of metal ....but many a punter loves to soak it up....TIME is always the last factor many a ramper put into the equation ....
I do believe the very small free-float isn't doing MKO favours with the rampers as its not going be easy to trade....
I agree, totally! I think the market is spoilt for choice, with rising goldies (it has taken a while for moy to move, but well on its way now) I picked up another small parcel of MKO yesterday, but that seller may be done now? I can only see 5 sellers on the market and one of those is asking over three time yesterdays close. My guess is that new investors may be waiting to see the terms of the lease, but of course by then she may well have gapped-up --big-time.
BYR 5 bagger atpit @ 8.5c after selling re a third earlier to lower my average entry from 2.9 to 1.7c. Crazee; certainly not buying at this price and a lot shares and options on issue DYOR.
Seller is back for MKO. I tplaced a 5.5c buy with PUNT money and picked up a trading parcel. How many more left to sell is the question re overhang. I hope the gold trend stays there long enough for MKO to play catch up.DYOR. Thanks for sharing JB and penn.
Good stuff guys all on board let's hope this lease is a good deal for MKO... will really get this rocket fired up
As for the selling pressure I have looked over the top-32 Shareholders from march till recently and it looks like the major holder selling down is under "BNP Paribas Nominee" ..most likely a fund .sold just over 5mill (most likely making up the bulk of the last weeks selling pressure as well)..at a guess I'd say they will have 16-18mill ords to go(or maybe they are just re-weighing their portfolio)
More Volume days like today and it won't take long ...
Another biggest volume of the year and a breakout in s/p with most goldies slipping a little ;) heres hoping it can hold; be great to see a sub 5% notice or something.
yes its great to see more new holders coming to MKO ...if only we could have more details on the lease ..would most likely trend onwards to 10c
https://www.youtube.com/watch?v=hu0kcB5gVL8
I fully understand what Robert Hirschberg is talking about here ....I would very much like to even reach his 100k to 1.5m move ....now that would set me and my family up very nicely
you guys know PNR nuch? what's your thoughts?