MCT 11.4% 3.1¢ metalicity limited

Ann: Spectacular High Grade Results from First Assays at Kookynie, page-93

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  1. 13,624 Posts.
    lightbulb Created with Sketch. 4845
    Its not about the "100% jump in a day" ... Its the fact that it still has a market cap of under $20m at this share price.

    I understand your desire to lock in profits though - when you are early onto a stock and it finally steps up you wonder whether its "real". But make a comparison with what other gold stocks have and relate that to their market caps.

    With what they have, whats upcoming, and what their aim is I'm happy to buy in at under $20m MC. I think its worth more, especially in the current climate. I cant see Covid going away quickly enough to turn the gold price around for quite a while yet!

    ..
 
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