MCO 0.00% 11.0¢ morning star gold n.l.

gold exploding upwards, page-15

  1. 326 Posts.
    I wouldn't buy anything with a 1.7 g/t grade.

    No good to anyone.

    However as I've said before, the gold price will rescue them. They will get their chance in the sun, their window to mine it I guess but they wont be able to borrow money with 100% hedging which then just takes all the gloss away.

    Look if I had 1.4M ounces at 1.7 g/t I would probably hit my head against the wall screaming to gold "how could you do this to me"
 
watchlist Created with Sketch. Add MCO (ASX) to my watchlist

Currently unlisted public company.

arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.