What could be more perfect?- MLS needs the money going forward...

What could be more perfect?

- MLS needs the money going forward for all the proposed activities. A CR will not be the best outcome, the terms will likely include a 1 to 1 option any way and the nod that 'they' can run a 'promotion' with good news coming. A quick and dirty 6/5c per option with no strings attached is the best option for MLS IMO. That say $7M will pay for the graphite study and much more drilling.

- It was likely the fires in Quebec that was the death of the options......all mining activity stopped for a year

- Issuing more options for sale will be a big lesser in my opinion.....Management have lost all trust...retail, forget it!. If MLS did not have a management trust issue, who would now be putting bets on the future?, with MLS, and, against the backdrop of the Wests thirst for war....this means interest rates are going up! not down.......we my see a little pause and perhaps some lowering in this election year but its (interest rates) are going up up up with war on the horizon.