MCO 0.00% 11.0¢ morning star gold n.l.

up 14% today for this golden gem

  1. 6,111 Posts.
    Selling pressure stopped
    21c the bottom nice pick for those who picked it.

    A goldie that is in production.

    Focus - High Grade, Low Tonnage, and a low cost producer.

    IMO the focus of MCO will out do the like of low grade high tonnage producers as cost are easier to manage.

    The Morning Star Goldmine was at one point in the early 1940s Australia's premier gold mine operated by Gold Mines of Australia (WMC Ltd). The Morning Star Goldmine produced at least 883,000ozs of gold at ~26 grams per tonne over 100 years until 1962.

 
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