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
MGY Price at posting:
3.0¢ Sentiment: Hold Disclosure: Held
