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

weekend musings, page-3

  1. 1,702 Posts.
    trtk.....your logic is good..... but i don't see a successful toll treatment as the only re-rating catalyst..... I see options take ups as essential obviously...... looking at hill end gold's last minute underwriting deal it can't be that good for the stock there..... but we are triple the exercise price here and they were bang on so it's maybe a bit different.... also the 10c exercise price is far easier for the average punter to pay than the 25c asked by heg....... other re-ratings might occur with news of underwriting, news of assays and most notably news of a mill order for the site...... that will go a long way to allay any fears I still have...... they said they wouldn't order the gravity mill til they had the spondoolie so let's watch carefully of any early signs (such as with GSE conversion and $500k to bottom line) that the cash position is growing...... this for me is a big one..... options converted to date would ahve to be announced shortly...... as would any deals done..... eyes glued gb.....
 
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