resource stocks aug 2011 feat mco - gold, page-11

IMO MCO have spent a bit more than expected, in areas that needed money to be spent on sometime sooner than later. But as they say you need to spend some to make some.

I'm expecting that they have spent about 3 - 3.5mil any less and i would be happy.

Anyhow just read the WA Sunday Times broker recommendations, where 3 brokers recommend 3 stocks each 4 of the recommendation were Gold stocks. IMO an indication that the brokers have set thier positions and now about to ride the Gold Bull Market.

MCO rocking on up from here on.