MOY is in a beautiful situation to take advantage of a LOM extension and there have been reports of some really high intercepts from the drilling program in excess of 30g/t Au. This is extremely promising but yet to translate into resource upgrade. [/QUOTE]
Almost a carbon copy of what occurred with RMS, people were concerned with LOM/resource. Any decent drill results from their massive drill programme combined with their cash position will see a reasonable move in sp. that's my belief and I still think they are undervalued, particularly at the last few days prices.
MOY Price at posting:
10.5¢ Sentiment: Buy Disclosure: Held