re: Ann: Metaliko to Progress Mine, Truck, Tr...
I don't know about price targets but adding up all the shares 35 million now plus those that will come on market = 60 million shares? and those coming out of escrow will provide needed funds.
60 million x 14.5c < $9 million market cap. If you look that far forward in terms of total share numbers then likewise you'd have to be forward-looking to weigh up its prospects, so even double that market cap is peanuts (are peanuts still cheap these days?)
Buy when others buy, sell when others sell seems the immotive force regardless of underlying value.
MKO Price at posting:
14.5¢ Sentiment: None Disclosure: Held
