Ann: ASX Market Release - Suspension , page-22

Like Columbia, Quinty is not keen on posting any more, rebuffed by bent MCO non shareholder gleeful vindictive antagonists, however he says ....Thanks for the good wishes!

He is recovering after attending his Ancient Uncle's funeral last week. Still struggling along - longingly looking for light at the end, nearly half way through his Sydney shrink therapy sessions.

Last week he was encouraged to learn that the investor with the biggest personal amount of skin in MCO, our chairman NG, has been more positive and more pro-active lately, posturing for a much bigger MCO picture.

"He seems busy gleaning new cornerstone investors, from nations guarding their currencies, hopefully with the glistening, galloping gilt edge guarantee of gold.

Nick has the contacts, but its very much an international quest...China, Singapore, Russia, America, Japan all printing stacks of notes.

Lack lustre European investments left footed the Russians, but despite them fumbling for funds, NG's actions could benefit us all as he has been applying a strategic and more rewarding shift in the MCO goalposts.

Meantime, be assured that the Russians' focus as major shareholders is not lost, and they too (while embarassed at being temporarily short pocketed) are most anxious for MCO to succeed.

Higher gold prices, and Higher MCO goals????

These are achievable. Bigger may be better. Meantime, with the temporary respite in trading and mining, we are getting 'betterer' at getting MCO better organised.

There is interest out there. But not an easy task cobbling it together, proofing and tidying up paperwork etc., so we don't expect any short term news from the MCO maestro at this month's end.

We are told that kick starting from where we left off, and re-staffing with proven top employees won't be a problem.

NG is tasked with shaking out sundry shekels to shore up and capitalize on promising assays and stabilizing a larger, broad sweeping, long term progressive mining operation around Woods Point's multiple gold leases for MCO.


Bearing this in mind, a possible further extension could very well be most fortuitous, and could hopefully reward us well for the more than anxious, and albeit what appears now near interminable, wait."

Over and Out....From Q1 and Q2 ...Good wishes to all genuine MCO shareholders/posters and good luck to All!

Invest at your own risk. Our comments are the reflection of our opinion only. No further correspondence to be entered into.