The pin was pulled because the market rated Morilla as completely worthless. The 5 cent CR said that very clearly. The fact not one gold mining company in the entire world (including those that ran mines in Mali, Guinea & Burkina Faso) wanted to buy it off us said that very clearly. Gold was at rock bottom with no indicator it would improve and the CR would have been swallowed up within weeks at a mine our management team seemingly had no idea how to run.
Better off with before pulling the pin on Morilla? Nah.
FFX Price at posting:
20.0¢ Sentiment: None Disclosure: Held
