Gold Juniors

[penn]

I agree, totally! I think the market is spoilt for choice, with rising goldies (it has taken a while for moy to move, but well on its way now) I picked up another small parcel of MKO yesterday, but that seller may be done now? I can only see 5 sellers on the market and one of those is asking over three time yesterdays close. My guess is that new investors may be waiting to see the terms of the lease, but of course by then she may well have gapped-up --big-time.

[Joshuatree]

BYR 5 bagger atpit @ 8.5c after selling re a third earlier to lower my average entry from 2.9 to 1.7c. Crazee; certainly not buying at this price and a lot shares and options on issue DYOR.

[Joshuatree]

Seller is back for MKO. I tplaced a 5.5c buy with PUNT money and picked up a trading parcel. How many more left to sell is the question re overhang. I hope the gold trend stays there long enough for MKO to play catch up.DYOR. Thanks for sharing JB and penn.

[stoploss]

Seller is back for MKO. I tplaced a 5.5c buy with PUNT money and picked up a trading parcel. How many more left to sell is the question re overhang. I hope the gold trend stays there long enough for MKO to play catch up.DYOR. Thanks for sharing JB and penn.

taken some money out of SLR so joining you for a small punt here Guys , cheers.

[JBmurc]

Seller is back for MKO. I tplaced a 5.5c buy with PUNT money and picked up a trading parcel. How many more left to sell is the question re overhang. I hope the gold trend stays there long enough for MKO to play catch up.DYOR. Thanks for sharing JB and penn.

Good stuff guys all on board let's hope this lease is a good deal for MKO... will really get this rocket fired up

As for the selling pressure I have looked over the top-32 Shareholders from march till recently and it looks like the major holder selling down is under "BNP Paribas Nominee" ..most likely a fund .sold just over 5mill (most likely making up the bulk of the last weeks selling pressure as well)..at a guess I'd say they will have 16-18mill ords to go(or maybe they are just re-weighing their portfolio)

More Volume days like today and it won't take long ...

[Joshuatree]

Another biggest volume of the year and a breakout in s/p with most goldies slipping a little heres hoping it can hold; be great to see a sub 5% notice or something.

[JBmurc]

yes its great to see more new holders coming to MKO ...if only we could have more details on the lease ..would most likely trend onwards to 10c

[penn]

So MOY still marches on.!
Have been a buyer for months
MK 123m
No Debt
EPS 10,8c
P/E ratio (Adjusted) 1.53
- Forecast production of 80,000-85,000oz at AISC of A$1180-A$1220/oz for 2016.
-27% increase in Ore Reserves to 159,000oz after just 3 months of
drilling – extends mine life beyond current schedule; total resource
inventory of 1.01Moz.
-Constructed in 2012 for initial capital cost of $89M 1.5Mtpa CIL ore treatment plant located adjacent to the largest deposit in the field (Golden Eagle)
Currently demonstrating ability to replace mined ounces while growing mine life
Then we had the up-date two days ago:-
Outstanding high-grade results returned from all prospects drilled at Nullagine Gold Project in WA
Latest hits such as 12 m at 8.5 gpt, 4 m at 43 gpt, 1 m at 171 gpt and 6
m at 10 gpt to under pin Mineral Resource and Ore Reserve update.
Oh and pog just hit AUD 1778!
What's not to love about this?
DYOR IHANIWIATA

Soooo!! what a day! for MOY! Market cap now at 182M but with deep drilling under-way may still have some steam left.

[JBmurc]

https://www.youtube.com/watch?v=hu0kcB5gVL8

I fully understand what Robert Hirschberg is talking about here ....I would very much like to even reach his 100k to 1.5m move ....now that would set me and my family up very nicely

[babymonster]

you guys know PNR nuch? what's your thoughts?