MEK - Meeka Metals

[craigj]

Stock has become heavily traded as traders buy and sell for 1 pip. Just needs to break through 12c and it can move

 

[craigj]

Another gold stock another 30% rise for the month

 

[Dona Ferentes]

Good price gains in the 1st half of January.

It stalled a little in the second half, but might move again in Feb as production nears.

not too animated, escape velocity not achieved?

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Murchison Development Update – February 2025
Open pit mining activities have commenced ahead of schedule, a 2m lift of the tailings storage facility is underway and the process plant expansion works are continuing to advance at pace.
• The open pit mining contractor has mobilised to site and commenced mining activities ahead of schedule.
• Open pit support infrastructure including administration complex and fuel storage facilities are commissioned and the heavy vehicle workshop is nearing completion.
• A 2m lift of the southern TSF cell has commenced and is expected to be completed in mid-March 2025.
• Expansion works on the CIL gold processing plant continued to progress rapidly during February 2025, including:
o Installation of the new mill deck and cyclone structure;
o Completed installation of the final 145m3 CIL tank;
o Completed installation of the new cyanide storage tank access and unloading platforms;
o Progressed work on the new electrical switch room area; and
o Continued inspection, testing and replacing where needed various pipework, cabling, pumps, wear billets, liners and lighting.

 

[Boggo]

 

[Ferret]

I'm picking MEK again for the March comp.

The uptrend looks intact and a gold developer might do ok in a wobbly market.