MKO 0.00% 7.0¢ metaliko resources limited

jorc estimates, page-30

  1. 407 Posts.
    once again I think some people got sucked in by some overly optimistic posters on here and thus had unrealistic ST price targets.Have seen it so many times on here. That aside without contracticting myself the tenements that these guys hold seem to be very good and the results they announced a couple of weeks ago were fine and the next lot of results will hopefully be favourable. As has been mentioned Gongarrie and Anthill were not expecting to get exceptional hits however they should provide a good cashflow via being toll treated.This could fund further exploration for their other projects.Should be minimal dilution.Low MC,low number of shares on issue.Excellent strategy IMO.

 
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