I agree Hag, why would you sell at 1.50 or even 2.00 if this is going to be a mutli billion $ Co. A billion from here is a SP of approx $4.00, 2 billion SP approx $8.00.
As someone else said this is the retirement fund and I hope to retire before I am 45. My exit strategy, Sell 5% at a $1, and 1/3 everytime it doubles e.g. 2,4,8,16,32.
Might seem a little far fetched now but wait until we have gold at US$1500 and MCO is proving Head Grade and grade factoring. It may be possible that in the next 3 - 6 months our resouce becomes 3-5 million oz's.
Anyway, should get back to work.
GLTA.
MCO Price at posting:
37.5¢ Sentiment: Buy Disclosure: Held
