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

capital raising, page-4

  1. 12,688 Posts.
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    It will be all clearer by the end of the week.
    We will know at what stage the trial mining is at and have a better idea of when the first pour will be.
    Someone still wants options so its a good guide of the direction of the sp.The options are dead on most stocks if they are out of the money and these only have 2 months left.
    Gold is going up.(don't worry about the manipulation,the lows are higher over the last week).

    MD BTW NG has bought on market $18342, $34146.80, $25082,
    $26000, $ $7500 and $47400 worth of stock and options on market since his initial holding notice on 23/3/07 so i don't think he need the $100k a year to live on.
    If they have to raise at 12cents they might as well close now. From all those capital raisings that you list they are all in the money except the last one and that could change as well.

 
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