MKY mky resources ltd

oversold on good u news now a bargain, page-9

  1. 4,776 Posts.
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    I also believe that the recent Press Release was a total disaster in its presentation and in its ommissions of various details and the context of the whole program to this date.

    Having said that i think that the results were very positive in that they are locating some of the sources of u mineralization on the propert/ies. Near surface grades of 2.5 lbs per ton equate to a A$256 per ton. Current strike length is 85 meters on one section and open. MKY speaks of other targets. No-one knows the depth of the system or its extent / underground width. The very high grade samples must have come from one of these systems. They did not fall from the sky like the share price did AND someone has soaked up all of that dumped stock on the way down and that volume is about 100 million share turnover after the panic set in. Good luck to all longs.
 
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Currently unlisted public company.

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