Vontrader, indeed, a target of 35cps - 45cps is definitely plausible considering the newsflow that we are expecting. Meanwhile gold and silver prices have gone through to new highs and are breaking all technical indicators.
I still reiterate that MKO is the next AUC for me...it showed similar trades and was quite progressive in its rerate. However, we do need consistent news to ensure that investor understand the potential of this little junior. I am still accumulating on the downdips.
MKO Price at posting:
24.0¢ Sentiment: ST Buy Disclosure: Held