I picked up a small parcel on Friday at 12.5. I see good value but was only willing to buy 20,000 shares.
I think that 20,000 parcel can be very profitable if gold can hold current levels or even push higher over the next 12-18 months.
I personally don't see gold retreating anytime soon so MOY have a very good advantage of no debt and AISC costs are a good price. They are making 500 aud per ounce. Can't complain with that.
- Forums
- ASX - By Stock
- MOY
- only the beginning - great lever - rare chance
only the beginning - great lever - rare chance, page-146
-
- There are more pages in this discussion • 32 more messages in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)
Featured News
Add MOY (ASX) to my watchlist
Currently unlisted public company.
The Watchlist
FHE
FRONTIER ENERGY LIMITED
Adam Kiley, CEO
Adam Kiley
CEO
SPONSORED BY The Market Online