Good buying? I was sorely tempted to sell into that bid this...

Good buying? I was sorely tempted to sell into that bid this morning.

Considered Plan:
Sell some MCO @ 10.5c and 10c, book a useful tax cap loss, buy depressed HEG and/or TRY

Why:
- MCO no longer meets my criteria. It is no longer definitely close to cashflow. It could not follow through on its trial mining of Maxwells and would have had to rely on toll processing. It's back in the explorer fold
- HEG is cranking up the daily tonnage and recovery through its own small mill, and pouring gold.
- TRY has cash and its own operating mill and plant, with underground gold mine to start Mar Qtr '09.
- Chasing away the critics. We're really relying on the reassurances of the M.D now that well heeled insiders will continue funding, and/or that a cashed up miner will make an acceptable jv deal.