This looks more and more like BLK & GCY. Peter Cash & Greg...

This looks more and more like BLK & GCY.

Peter Cash  & Greg Bittar have destroyed the company.

MOY's survival is a big question.

My views are playing out here.






So after those post, loan extension has already happened. Now there will be debt repayment deferral and re-negotiation for the foreseeable future. I still get frustrated not bailing out at 12-12.5c. But the 9's were better than 5's. How long will IMC keep on funding, there is an old saying throwing good money after bad comes to mind. MOY is in a very difficult situation. It can't produce enough gold. Cost is too high, grades are low. On top can't even sell their gold at spot price.(Most of the production goes to hedge delivery at AUD $1750)

Although it is always very difficult to do.......... but if I was still holding.......... I would take the 5's and run. Some money is a lot better than no money. I think many people are slowly realising and doing just that.

Greg & Peter the Dream Boyz have cooked it. Ray Parry....he is another rare find. Joke.