MOE 1.76% $5.21 moelis australia limited

re: look at moe Wannab MGL on the TSX is up 13.5% tonight!If it...

  1. 5,599 Posts.
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    re: look at moe Wannab MGL on the TSX is up 13.5% tonight!

    If it stays at these levels it will open much higher Monday and I would be very carefull buying at these levels if you want to make a quick buck!Next mth there is a resource estimate coming out so should push it past $2.00.

    Can't help but feel there is something else stirring here but maybe the stock is simply getting rerated in light of pending estimate?

    Anyhow in my opinion MOE will do very well in the med-long term if political situation stays stable.They are drilling all the time and are finding 1/2 million ounces a mth-thats huge!

    If Moto gets taken out by a major they would have to pay $2.50+.

    Mate ever since they where sub 20 cents I have continuously told people about Moto but very few listened!People are taking notice now but!!

    Cheers
 
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