AUL 0.00% 28.5¢ austar gold limited

what the year has in stall for mantle, page-14

  1. 4,255 Posts.
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    Hi mr V,,,heads are way less risky agreed BUT as long as MNM is above 12 cents in the next few months the oppies will pay more IMO...

    Only reason I am loading up oppies is I believe MNM will be over 20 cents in a few months so I am going for the risk with the biggest upside...

    I have always been pro heads but at this level i am happy to take on the extra risk..

    I expect Coronation drilling results to be good as we know the gold/silver is there.
    I am optermistic Mt Mulligan, BM,LV

    Only thing that concerns me about the oppies is the macro markets but they seem to be in recovery mode,,,
    Blue caps have been doing well and small caps "should" follow as people take on more risk and blue chips approach true value.

    best part about the oppies IMO is if they in the money come December 1 this year MNM will have 4.5 million cash in the bank,,,no more fortrend or raising cash for a while unless Mt Mulligan is progressing FAST...

    DYOR-This is just my opinion and reason for my decision...
 
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