MKY mky resources ltd

bauxite very interesting , page-20

  1. 500 Posts.
    Thanks to Telstra I haven't been able to access internet for the last week. Now that I'm back on line I want to congratulate dollar - he's now seriously doing his research on bauxite and has discovered what I did.

    I got into MKY as a cheap bauxite entry (I am also into 2 other bauxite players - both of which are star performers for me and both of which haven't found or mined any of the stuff. THEY JUST HAPPEN TO HAVE THE RIGHT TENEMENTS) From my research, WA and Nth Qld around Weipa are the best geology. MKY tenements are in the right area. If AB can finalise this deal I expect my 1.9c sp investment will grow dramatically and immediately - I'm guessing 20c within 1/2 days of ann. This is not a ramp this is what I am prepared to put on the record.

    Unlike a lot of posters, I'm also excited about the thorium. I don't underestimate AB, IMO and from the research I've done, he's quite a savvy operator. I believe he will overcome the problems associated with mining uranium in Qld by going with thorium - is safer, public reaction to thorium vs uranium is very different, from my research it can be used in existing reactors, doesn't have mining restrictions, etc. And even though the price of thorium is not that good at the moment, it will rise dramatically once it is seen as an alternative source of power. If he can take MKY down this road ahead of the pack, IMO we can expect an exciting future


 
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