Hi All,
Thanks for everyones input, its good to throw around ideas and concerns with fellow shareholders before I ask the company (ie I would like to narrow my million questions down to just a few).
Certainly not down-ramping and I guess even if you have serious doubts imo be dumb to sell at this level, hell I'll keep holding just out of sheer curiosity.
Just so confusing as latest developments don't seem right at all. I mean we all know up until this point they've never drained the shareholders of money and always found the company money, tenements etc themselves. Certainly everything points to it being in all parties best interests to get the shareprice up etc
However one of the oldest tricks in the book companies mining the market (rather then the ground) use is obtaining a tenement on the doorstep of a successful mine, but a little research and 90% of the time you quickly find the reason why that successful miner doesn't want that tenement (eg mineralisation stopped right at the edge of their tenement or theres a huge friggin river in the way that needs a 100 million dollar bridge for 10 million worth of resource etc etc etc).
I personally like the one used by gold speccies,
"historical values of 25g/ton", you research find that is the case but the previous miners who got that stripped the frig out of the place.....oh well all fun and games if you're on 300k a year to dig the odd hole, send to lab and write it up how to make it sound the most promising (or the least if your buddies want a piece of the action).
So I ask what don't we know about mky's plans (yes a very long list)? and as shareholders who are about to vote, why the frig don't we know?
Why buy (through shares placement) so many tenements when we are holding or a applying for heaps more already, that seem way more prospective?
Thanks again everyone for the most sensible and helpful replies.
Cheers
Kelp
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Hi All, Thanks for everyones input, its good to throw around...
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