This little battler should be fairly immune from any troubles on the market in my opinion. I've been lightening my holdings in other stocks over the past few weeks, but not MKO.
Let's face it. With the market assigning next to no value to its assets, its not like MKO can drop much lower than where it is right now.
Trading at around $25/oz, its the cheapest goldie I can find with the exception of PXG. Add in the chance of near term MTT production and strong gold prices, and MKO should be solid as a rock over the coming months in my opinion. I can't say that for many other stocks out there right now!!
MKO Price at posting:
12.5¢ Sentiment: Buy Disclosure: Held
