>The market in gold is "resource size". The market doesn't give a toss about when you mine it, it wants ounces in the ground and an economic grade.<
I'm not sure about that. I hold MCO but I'm favouring producers. CTO has a lot of ounces, but they're going cheap compared to anyone producing in quantity. Costs are going up and credit is going to get tighter. Anyone needing to finance a mill is going to need some convincing figures - especially after BDG's fiasco.
MCO Price at posting:
0.0¢ Sentiment: Buy Disclosure: Held