re: Ann: Metaliko to Progress Mine, Truck, Tr...
makamint, have a read of my above post. What do you think? My sentiment has not changed one bit. Sure the JORC today is below par, but the Anthill resource alone warrents a share price of 25c+ on a peer comparison basis.
I don't have funds at hand right now to buy more, and I need to keep to my own diversification rules as well. With an average price of 19c, sure, I'm down around 25% right now, but that is the price I pay for being in a stock that doesn't have the best liquidity by any means.
You put it nicely at the end of your post. Things like this take patience. Same story with a certain manganese stock that I'm also holding right now. In fact MKO and this other stock have a bit more in common than first thought.
Low market cap. Short term production endeavours. Low cost production. Small resource relatively speaking, but quite reasonable in terms of the value attributed to the stock by the market.
Talking about URA by the way...
Interested if Aksier has any thoughts on recent happenings? I know he was quite an avid backer of the stock a while back.
MKO Price at posting:
13.0¢ Sentiment: None Disclosure: Held