I do think the lack of updates from MCO is very poor.
The stock has been suspended for almost 6 months and very little information has been disclosed- originally the company asked for 5 days suspension- that was over 5 months ago.
Not only has there been no disclosure of the progress, or lack thereof, in relation to obtaining finance, but also nothing as to the costs of recommencing mining after 6 months, if and when money is obtained.
The market has not even been formally told that mining has stopped.
I think you are right- be wary of Victorian gold miners.
Add to My Watchlist
What is My Watchlist?
