re: Ann: Terms Sheet signed to acquire Mongol... No mention of Blue Mount Capital.
There is always the possibility as with all the recent ventures that absolutely nothing will happen. If nobody invests nothing happens. Seems to be another of those Trendy announcements.
Mongolia and coal. Coal is good. Mongolia is where it is all happening. Cag goes there with no financial backing and picks up a deal for all sorts of options and future payments and millions of shares and away we go. All done with nothing and lots of Bravado.
How does this company keep going. My son has more cash in his piggy bank than they have. Have a look at their last report.
RAB
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