I agree it is a good move. I think the directors are getting frustrated that despite the positive announcements and progress they have made over the last 6months they can't get the share price to break up.
Providing a clear avenue to bring additional US investors onboard should impact the shareprice very positivly I would imiagine.
We're expecting the Bernard gold results this week or next according to last months investor preso. Hopefully that will provide the catalyst to break and hold the teens. If that doesn't work then drilling by us and our JV partners on the U assets in the US in taking place in Jan with results known during the 1st Qtr 2010.
I have a feeling that when it decides to move it enter a stong upward trend as these assets are progressing steadily with no attention or related share price appreciation. I'll just keep holding.
MRO Price at posting:
9.5¢ Sentiment: LT Buy Disclosure: Held
