I picked up a small parcel on Friday at 12.5. I see good value...

I picked up a small parcel on Friday at 12.5. I see good value but was only willing to buy 20,000 shares.

I think that 20,000 parcel can be very profitable if gold can hold current levels or even push higher over the next 12-18 months.

I personally don't see gold retreating anytime soon so MOY have a very good advantage of no debt and AISC costs are a good price. They are making 500 aud per ounce. Can't complain with that.