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

40.5cents, page-7

  1. 3,631 Posts.
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    As Frustrating as it is watching the share price drop back and the lack of news ,lets keep things in perspective. Ng just bought a lot of shares on market at prices significantly higher than now. He would have been well aware of any problems with the startup and mill , but still he has the confidence to buy . Ng would be well aware of the amount of gold in the ore to be treated even if the plant is not running smoothly. Chillie group would also for a 15 mill investment been a lot more privy to info than us smaller investors prior to there investment. . A long time ago we were possibly going to toll treat some ore but for various reasons it never happened . In hind site i wish it had as at least we would no just what to expect from the high grade stopes. Reading over Kaptons posts and it would seem he was quite well informed on possible problems with the start up and i have some suspicions that he may well be connected to a certain mine manager that no longer appears in the management team. Yet even this person says he hopes to be a MCOer in the future and if it is him he would have seen the good stuff. At this stage maybe we can hope for some positive spin from the company even if the plant is having startup issues.
 
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Currently unlisted public company.

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