due for a rerate, page-8

To give you guys the potential of this orebody, one only has to look at the results of AUC before their major rerate last year....

Initial Drilling results for AUC were;

19m at 3.93 g/t Au
14m at 3.73 g/t Au including 1m at 11.80g/t Au
10m at 4.50 g/t Au

Second drilling results were;

23m at 4.29 g/t Au
20m at 5.19 g/t Au
15m at 4.53 g/t Au
20m at 15.64 g/t Au

Most recent drilling results;

22m at 2.10 g/t Au from 96m
16m at 2.54 g/t Au from 89m
28m at 4.08 g/t Au from 97m
6m at 12.63 g/t Au from 102m
8m at 5.57 g/t Au from 94m
6m at 7.65 g/t Au from 107m
12m at 10.05 g/t Au from 93m

------------------

Now these were the results of AUC's drilling and the market only started rerating them much later. Granted their grades are much higher along some lodes but this was only through deeper drilling campaigns during the later stages. MKO's hits at Anthill are already much thicker than AUC's initial drill results. There is, of course, no guarantee that they will hit higher grades but it does certainly warrant a look and a believe that a big orebody lies beneath their systems.

June 10 - AUC's share price was 13cps
Jan 11 - AUC's share price is at 155cps and sits now at 135 Million in market cap

Do your due diligence and compare the drill hits of both companies...and tell me if MKO deserves a 8.8 million enterprise value with 4.2 million sitting in its treasury.

Its just a matter of time in my opinion.