Well I'm hanging out for at least the medium term to see what Bullabulling brings as the 2 shears running inside 3 of the tenements look exciting.
On the Bullabulling diagram on the website you can see 2 known gold deposits, one inside the tenement and one nearby and/or possibly inside. And starting from the North, there are many deposits (431k ounces) running along the Bullabulling shear.
Anwyay there's a long way to go if you look at all the projects, but nothing's really changed since the share price was in the 20s except the MTT news and general sentiment. Maybe the sellers are sentimental over the idea of quick revenue from the MTT? So the sentiment is the dog.
And the price of gold is still > $1500/ounce.
MKO Price at posting:
12.0¢ Sentiment: None Disclosure: Held
