re: Ann: Metaliko to Progress Mine, Truck, Tr...
Broke some rules today and sold out of some losing speccys for the EOFYS sale and pumped some coin back into MKO. Looks cheap at these levels and seeing them volumes come through gave me some confidence.
UBS WM still hold a large % of shares, i dont know what their intentions are however they remain on board at this stage i assume. i.e havent seen any change of substantial ownership.
There are so many Gold explorers out their ATM there is just not enough domestic funds to soak up supply. Sure POG is high but we need some serious money Overseas to get these speccys like MKO going. My bet China and India are looking at getting some exposure to Australia now before you know whats hits the fan with the USD. It will happen soon imo
gl all rambleon
MKO Price at posting:
14.5¢ Sentiment: Buy Disclosure: Held
