21 hole drilling program is commencing shortly for this Herron spin-off. MD is ex Dragon Mining. Some high drill hits recorded from previous explorers when the gold price was well south.
Comments? $5m mc, $6m raised in IPO, reasonable newsflow expected and trading below IPO price. Might be worth considering IMO.
From last ann:
'Metaliko Resources Ltd (ASX:MKO, Metaliko) is pleased to announce that i t will commence a 21 hole (2010m) reverse ci rculation (RC) drilling program on i ts Anthill Gold Project in the Eastern Goldfields of Wes tern Aus tralia on or around the 21st of October.'
MKO Price at posting:
16.5¢ Sentiment: Buy Disclosure: Not Held