Ann: Metaliko to Progress Mine, Truck, Treat Proj, page-38

re: Ann: Metaliko to Progress Mine, Truck, Tr... I picked out twenty gold explorers at random, and compared how much the market is prepared to pay for each.

A few observations...

* At 14.5cents, MKO ranks as the 4th cheapest.
* At a price of $50/oz, MKO would be trading at 18cents.
* At a price of $100/oz, MKO would be trading at 33cents.
* Two companies with a resource of a similar size to MKO are being valued at approximately $150/oz, while MKO is being priced at $33/oz.
* If MKO was valued by the market similarly to GBZ and CDT (~$150/oz), MKO would be trading at 48cents.

Bottom line, this is very cheap under 20cents, and we have plenty of other tenements in the area to add to our current resource!