Been doing my market cap comparisons again today and Mco still comes up a winner IGR market cap 79 mill nav 30 mill and both still a very long way from producing a cracker. I know both igr and nav very different geology and very different mining methods but Morning star was still mining gold profitably when most other mines had shut back in 1963. ony a few on the golden mile in kal were still operating . mco have proven that good gold was left behind in vast quantities, and should be very profitable to mine at todays prices. lets hope that when trial mining resumes in the near future the old girl proves to the world that vic gold miners still have a lot to offer.
MCO Price at posting:
12.1¢ Sentiment: LT Buy Disclosure: Held
