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

is mco a 'new medusa' ??, page-5

  1. DSD
    15,799 Posts.
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    Great to see others view MCO as similar to Medusa. The small mkt cap of MCO provides for enormous leverage when 'good news' arrives. Every investment on the stkmkt carries some degree of risk. My thinking is that (after a false start about 12 months ago) MCO is ticking off boxes fairly smartly. If you feel that there is a high probability that this mine WILL enter into production fairly soon..... then (in my experience... and I'm no expert) this is the time to take a position. If MCO fail to produce gold... then be under no doubt this SP will drop very smartly indeed and its back to 10c or worse. It boils down to whether you believe MCO can jump the remaining few hurdles and pour that first bar of gold. Waiting for production is safer... but much of the leverage is usually gone by then. def DYOR.
 
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