MGK 0.00% 0.8¢ mil resources limited

stella day - late arvo, page-4

  1. 13,252 Posts.
    I think also a lot where hoping to get in cheaper and waiting all of a lord lucas you have to pay to play. Will slowly move up to fair value before exploration of around 3.2 cents. and a mc of around 14 mil with 4 mil in cash and hunting in elephant country. One only has to look at Great Britain to realize how undervalued and what waits ahead the only spec with tenements there all the others are JV'ed or taken by majors.
    Even though its lifted by a few points come a few weeks with some more exploration updates and who knows maybe a JV and 2.5 will look like a bargain. As karmalocust has infered to FNT, Has got to 42 cents or 100 mil mc and is not that far ahead except for the JV'ing of tenements. An announcement about a JV and a bit of exploration and cents is not out if not higher.
 
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