MKO 0.00% 7.0¢ metaliko resources limited

for new investors to do their dd, page-3

  1. 813 Posts.
    thanks n21

    a really fantastic summary.

    i know you were (?still are) into AUC last year and I appreciated your analysis on that thread. made some good money with them (out around 75c) but could have made more (got beyond $1.50 at one point). i cannot believe how hard that ran and they now have a (non-diluted) market cap approaching 100mill. fully diluted i think they are approaching 150 mill.

    I am hoping to see a similar rise with MKO, and you'd have to agree the stories are pretty similar :

    1. multiple targets
    2. formed recently by individuals well experienced in gold mining
    3. small number of shares on offer
    4. tight register with directors/management holding significant percentage
    5. cashed up and very efficient with drilling programs and their use of funds

    so here's hoping that mr market wakes up and gets on board !!

    its still young in the evolution of Metaliko but IMHO management are already proving to be fantastic and really haven't put a foot wrong. now what we need is to define and prove up the resource (which they are currently doing) and this should see the market cap and hence share price appreciate significantly.

    good luck, dw.
 
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