I too am glad there is no rush from Morningstar gold. Fundamentals for gold are improving and cash in bank is worth hanging onto. No-one is getting any brownie points for small scale production right now, just look at silverlake in wa and hillend in nsw for examples of that. Bendigo is at least looking like they have some grade and sp looks ok. Other small explorers & miners are going to the wall all over the ASX. Many reportedly owe hundreds of thousands even millions to creditors. This is definitely not the case with morningstar. Their options are well timed and well priced. I would like to see operations restart 1st quarter with solid bank balances. Wish everyone a very happy christmas time.
MCO Price at posting:
8.9¢ Sentiment: LT Buy Disclosure: Held