MKO 0.00% 7.0¢ metaliko resources limited

This gold play Nathan ;DI think MKO will get a nice little kick...

  1. 1,932 Posts.
    This gold play Nathan ;D

    I think MKO will get a nice little kick IF money starts entering gold stocks. At the moment it seems there are plenty of buyers just waiting for the market to bottom out. If the price of Gold holds it's current level and convinces everyone that $1500/oz or so is around for the long haul then bargain hunting money will have to enter bargain price gold stocks. Some of that is bound to trickle to MKO with it's tiny tiny market cap..

    In my mind the market will turn, eventually, and the POG will hold these levels and MKO will be a bargain for the early buyers.
 
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