Gold looks in a good place after last night and recently. Especially AUD Au. It's running out of reasons to slide. Now we have the first bailout through and it's not bullish equities. I don't have the map that is referred to here but I have two comments on Franklin/Goldstar ground. First MCO grabbed some key ground recently (5 hectares or there abouts along the Waverly dyke). Secondly, GDR looks close enough to finished looking at the share price and MCO can get their ground cheap by the looks. The Goldstar chairman might be lucky to stay out of the big house in the long run (not for GDR related stuff).
MCO Price at posting:
15.6¢ Sentiment: LT Buy Disclosure: Held
