24th feb 2014 (getting in early), page-64

Bigburger my sentiment for the company given whats been discovered so far is still the same and I believe the potential is excellent.
My problem is the timeframes and the order in which things have unfolded.
I will be honest and say I don't completely trust this mob for various reasons which have been well documented recently and although I think the resource has huge potential I won't stand by and let my capital be eroded in the lead up to the gamble on how the market will react to no news leading up to the release of escrow of MDOs shares.
My position was in options and for mine the risk of making substantial loses in the near term was enough for me to exit and watch for a while.
The dynamics of this trade changed significantly for me with the dilution being 3 times what I had bargained for and now even though I believe MDO would be crazy to sell stock at this level if they have a good idea what's in the ground, I'm am not naive enough to think people will not head for the exits just before the release of shares if no substantial news is released. It's one of those calls I hate making because with the right news this could go bananas but for me at this point protecting my capital out ways what I can see unfolding near term.