Yes Toll this is true. However I don't really understand your basis? It looks as if the DOW will be green tonight, and there is certainly a flocking of investors to gold plays. Coupled with the outlined fundamentals and push indicators, I'm just not seeing your prediction. Always open to info though, and I'll certainly be looking to free up funds if your right!
My gut feeling tells me that people were waiting for an entry under 20 cents until the DOW went green, and are now starting to realise that the tightly held nature of this stock will see it fly before their order gets filled. I'm basing this off upcoming announcements, the already undervalued SP and also somewhat recovery of global markets. Mind you the stock has been subject to some manipulation, so this may have an effect. However I think the demand is too strong! What are your thoughts?
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Always DYOR - Take what I say with a grain of salt, it'll make it easier to swallow.
MKO Price at posting:
23.5¢ Sentiment: LT Buy Disclosure: Held
