MKO 0.00% 7.0¢ metaliko resources limited

rerate beckons with big gold hits, page-4

  1. 3,351 Posts.
    Great pickup Aksier...it is truly surprising that silver and gold plays with resources in ground are still sitting at these levels considering what is happening on the world markets.

    Having been lucky enough to get onto the junior precious metal plays in the last bull market, i can't wait to see the parabolic moves. Regardless, this firm cannot seriously be at 10 million [i.e. market cap] with such consistent mineralisations in gold. Why would anyone sell this stock with those thicknesses and numbers with a resource delineation announcement beckoning?

    It is interesting to see management's credentials...

    MD is James Searle..of Dragon Mining fame. DRA is worth over 110 million now....Additionally, directors are from Elekra Mines and DRDGOLD. DRDGOLD grew from a small SA miner into a globally listed multi-mine gold company. It was producing over 1 million ounces of gold per annum!

    Stick to proven management....in my opinion.
 
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