Hi Cheapprice,
Can you please explain how the MCO SP reflects that they will or will not be around for a long time.
I've been investing for over 15 years now and i still see some of the same flea ridden dogs on the asx, they are still here taking new money from new punters....
Some times a good SP may see the company as been a takeover target and they have a good SP, then they are no longer here as they are taken over, no longer here.
The same could be said with a poor SP as the Co may be undergoing a SP manipulation for a takeover.
The signals that tell us MorningStar Gold are planning on sticking here for a long time;
The amount of time & money spent and to be spent in/on the infrastructure.
Good management & safety policies.
Management (Directors) hold a large amount of Shares.
A large drilling campaign is currently underway.
Many reefs are been opened up for mining.
New tenements are been applied for;
MIN5562/0 Morning Star Gold NL Application Received 20 Mar 2012 NE Mansfield Shire Gold/Silver/Platinum 4.90 Matlock
MIN5560/0 Morning Star Gold NL Application Received 31 Jan 2012 NE Mansfield Shire Gold/Silver/Platinum 10.00 Mansfield .
IMO more signs than not are proving MCO is here to stay.
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