yes mco was overzealous to begin with. that has happened and i believe they have learned from it. but it doesn't mean they had or have bad intentions.
the issues they have faced to date (and continuing to face some) are common with speculative gold mining stocks.
grade, tonnages, equipment issues, staffing, licenses, cashflow problems etc
these are nothing new and most mining companies have experienced some or all of those. i'm sure many investors know the risks when they chose to invest in speculative mining stocks.
so, when a company faces these issues, investors can decide to sell, or choose to stay because they believe in something.
i believe that high grade gold is there and can be economically mined for good profit, i believe they have the right skills, and that management has integrity, despite the historical lack of news flow.
the question is will they get cash, and enough cash to keep going until they become viable. only time will tell.
everything else is a matter of opinion until we find out.
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