the goose who sold at .088c is a ripe ninny (p.s. apologies for the snigger).
gold in aussie dollars is $1394 atm. that makes MCO jorc resource + minimum grade factor of 250% = $3+billion dollars of gold. the ninny who sold & .088c valued MCO market cap. at $10m. a bit cheap in my books. especially when a co. like MCO represents a multi-bagger in months IF the POG keeps climbing to US$950 in a matter of weeks (my prediction).
MCO is drilling 2 short 50m. drillholes between where they temporarily halted trial mining & where the Maxwell zone is resource defined in the Jorc. so that means 2 holes within 20 metres i suppose, since trial mining was only 20 metres short of paydirt.
when those 2 drillholes define what is happening with the 2 newly discovered reefs MCO will let rip into production.
a seller can betray himself selling just prior to all the good news. good for the buyer...........
MCO Price at posting:
11.0¢ Sentiment: Buy Disclosure: Held