Goldies looking good for next week. $2415 close on Friday's was technically very bullish.
MPK is one of the best positioned spec plays around. Announcement coming next week that drilling is underway. See Twitter for link to interview. Plus some fluff from various surveys due as well.
Structure is good, bugger all shares on issue and very well held by top 20. Market cap $12m…. is low for such a large (and realistic) target of 1.5m Oz.
$4m drilling already done and proven hits. Brokers buying but retail not really noticed yet. Options, if they make it, will provide $3m next month.
The chart is also looking quite good.
DYOR.
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