MCO 0.00% 11.0¢ morning star gold n.l.

gold exploding upwards, page-6

  1. 438 Posts.
    >The market in gold is "resource size". The market doesn't give a toss about when you mine it, it wants ounces in the ground and an economic grade.<

    I'm not sure about that. I hold MCO but I'm favouring producers. CTO has a lot of ounces, but they're going cheap compared to anyone producing in quantity. Costs are going up and credit is going to get tighter. Anyone needing to finance a mill is going to need some convincing figures - especially after BDG's fiasco.
 
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