firstly, MCO have a management team that has decades of mining experience collectively. check that out on the MCO website under : ABOUT MCO : MANAGEMENT etc..
these guys are winners & highly experienced.
also, with 5 diamond drill rigs, co. owned, they are well positioned to drill out more resources expediently & cost effectively.
2 u/g diamond drill rigs : 3 surface diamond drill rigs - 1 used for spare parts.
if you go back to the announcements of 2005 you can see how they mapped out their direction that is today coming to fruition i.e. 1. trial mining 2. decline development on the drawing board & ready to go in early 2009 3. u/g plant set-up ready for installation in 2009 4. (actually, i just have to go for a sec. be back in 30 minutes)......
cheers
MCO Price at posting:
14.7¢ Sentiment: Buy Disclosure: Held
