Very sorry to read this announcement. I well remember the camaraderie with fellow shareholders at the AGM held at Woods Point a few years ago. So much undelivered promise, I guess Nick would like his time over again and get better advisors who could have focussed particularly the seemingly random exploration program.
Trying to mine remnant gold high up in the mine was always a fraught operation and the original jorc was.........well can I say inaccurate!
I still believe that gold is abundant in the area, it's just so bloody hard to get at because of the terrain and remoteness of the area.
To those who held to the bitter end my comiserations. I still regard many I met through my MCO involvement as friends and wish it had a happier ending.
MCO Price at posting:
11.0¢ Sentiment: None Disclosure: Not Held
