MCO 0.00% 11.0¢ morning star gold n.l.

Ann: Quarterly Cashflow and Activity Report , page-27

  1. 677 Posts.
    Quinty2,
    All I can say is good luck to both you and Quinty. 48c is an awful long way away. With the dilution coming MCO will probably never see 48 cents but thats the game of speculative stocks. The nuggety gold in Victoria has beaten many and it may well beat MCO. I think the dreams of 20 g/t often thrown around in this forum are dreams that will never come to fruition, and if they do the quantities won't be enough to make a decent profit worth a decent market cap. Somethimes you just have to admit defeat.
    I read in an earlier post from Quinty that Nick claimed he didn't know a thing about mining for gold (or something along those lines). It would have been good if Nick told us that a few years ago before he started telling us how big this thing was gong to be.
    Maybe the Chilleans move of loaning $10m to MCO was a stategic one. I'd like to see the fine print in that contract. I would not be surprised to see them end up with the comany if/when it goes under.
    Good luck to all holders.
    Busting
 
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