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MKY - MKY Resources

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Technicals on this one look superb with very high volumes. Just broke to a new high of 7.8. MKY is a restructured shell that has purchased Queensland Uranium with claims located in North Queensland. A lot of speculation here about some very high assays from the Frome and Palmer River region (see ASX release). MKY has attracted two very senior executives from BHP and Newmont (from memory).

The market speculation IMHO is that Queensland Uranium has located some very hot U prospects and that these prospects have attracted some very senior management to join the board of what is still a penny dreadful. MKY shares are being very aggressively bought now for many weeks and IMHO may be heading into the 10-20 cent range.
 
Re: MKY - MKY Corporation

This is just pure speculation.
There is nothing in the announcements to suggests any of this. Just lots a "ceasing to be a shareholder" notices!
I wouldn't jump on board until I know a few more fundamentals.
 
Re: MKY - MKY Corporation

Chart looks Great from strong intraday and daily retracemnt pov.

SevenFX
 
Re: MKY - MKY Corporation

watsonc said:
This is just pure speculation.
There is nothing in the announcements to suggests any of this. Just lots a "ceasing to be a shareholder" notices!
I wouldn't jump on board until I know a few more fundamentals.
Click to expand...

There is one announcement that quotes some surface sampling results and makes reference to the structures on the properties in question.
 
Re: MKY - MKY Corporation

This has come out of nice consolidation pre chrissy, and being running up nicely since.

Ratio's of buyers n sellers look good, and volumes have gone up 10fold since begining of year...

Average vol proir was 1-3mil a day and now 10-15mil a day...

So whats UP apart from the SP...????
 
Re: MKY - MKY Corporation

Looks like STRONG close coming UP.

Close at 8c & Good support at 8c
 
Re: MKY - MKY Corporation

Stochastics have "rolled over" (sell signal) and turn down, so I quit my position. Looking for a fresh re-entry point lower down.
 
Re: MKY - MKY Corporation

feeding_the_fire said:
Interested to do some research.. do these guys have a website??
Click to expand...
Not that I am aware of.


This is the best I can get
Company details
Mky Corporation Limited
ACN: 099 247 408
Chairman: Allan Blood
MD: Alan Fitzpatrick

Suite 21, 16-20 Bay Street
Double Bay, NSW 2028

Tel: (02) 9363 9955
Fax: (02) 9363 9911
www.creatablemedia.com

Dividend Reinvestment: No
Shareholder discounts: No
Commentary
Business description
MKY Corporation (MKY, Mckinley Company Ltd) is engaged in advertising in high-traffic, indoor retail venues, utilising transparent tabletop advertising panels (TAPs), thereby providing direct, close-range exposure to consumers in a retail environment for an average of 15 minutes at a time.
Click to expand...

They have moved on from there as well
 
Re: MKY - MKY Corporation

Great Announcement today............3 times the amount originally thought to be......

Fasten your seatbelts.....!!!!!!!!!!!!!!!!
 
Re: MKY - MKY Corporation

Moved intially but then fell back to the field.
7.8c
 
Re: MKY - MKY Corporation

I bought some that other day and tried to get more today.

It seems to have a good future.
 
Re: MKY - MKY Corporation

I got another parcel @ 6.6. So it can go up now :D
 
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