MGY malagasy minerals limited

eieio; Hopefully you're right, but I have my doubts.We don't own...

  1. 117 Posts.
    eieio; Hopefully you're right, but I have my doubts.

    We don't own molo any more - the board sold what was left of our interest for what amounts to lunch money - and will not get any "pecuniary strength" out of our indirect ties to that project until the new owners are effectively at the mining stage, and even then only a trickle.

    Your second signature quote has tremendous relevance to this situation though, on a number of fronts.

    MGY management will have to make good on its repeated promises to actually do some exploration on its own - ending its two-year moratorium on this activity - and find something in its own right (like they could have and should have done with molo!).

    Then things will move northward. JMHO - and happy to be proven wrong in this instance! OZ
 
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