yeah, I'm holding and I'll be looking to buying more if it drops lower. It is good to see it holding up considering so many others dropping/ed a heap.
obviously the sooner they start MTT the sooner the share price will rise, but even in their own presentations thats 6-9 months away.
If in production, it would not be out there to think 7x or more of current market cap in 12 months.
that's not including any further exploration success which other junior explorers that are around MKO's land have found.
They have plenty of cash and the more the price of gold goes up the better their margins, a lot of escrow shares coming up, share price will prob lower sept/oct but come march/april I think this stock will be doing really well if producing.
If not producing, they better hope for some pretty impressive drill hits. Lets hope those recent geophysical surveys lit up some beauties
MKO Price at posting:
9.0¢ Sentiment: Hold Disclosure: Held