I would think so. A sale under .220 would have probably fired them off, since .220 seemed like a good resistance.
MKO to me is highly speculative. The main reason being that in order for the company to successfully complete its long term goals with minimal dilution it really needs these short term mines to pay up. If the results are enough to carry it for 1-2 years or so MKO will be in a good position if it strikes gold in its prospecting areas (I think).
The better the return on anthill et al the faster they can gulumf along and with none to minimal dilution. These guys so far have been excellent with their money.
I wouldn't put more then I have in it so I wont reap much of a reward from MKO. It'll probably pay for a holiday in Aus or something. :)
MKO Price at posting:
20.5¢ Sentiment: Buy Disclosure: Held
