mco at 50c - gold, page-2

I didn't turn on the computer until 2:00 pm and it was a nice surprise to see that 50 cents had been reached at last.

Those that buy MCO shares do so because they believe the SP will go up. Those that have been selling either have stopped believing in MCO or they need the cash to pay Santa Claus for this years presents.

Over in the Channel Islands, CHILLE, presumably after extensive due diligence regarding the MCO management and its tenements, has kicked in $15 million to buy in at 46 cents. Perhaps they believe they are on a winner with a good chance they will at least double or triple their money in the long term.

For some of us who might not be able to count up to $15 million, sometimes it is best to back the jockey [CHILLE] rather than the horse.