1. Obviously stockpile ore is still in stockpiles, probably to show off to investors, some gold in quartz makes a compelling story when you're trying to loosen purse strings.
2. A large Asian, prob Chinese contingent has visited woods point in the last two weeks, including spouses panning for gold (again a sales tool)
2. Reece the mill guy seems to be still on the payroll (good sign)
So in the spirit of a pic is worth 1000 words, lets hope this mean the re-capitalisation is close to being completed.
Contrary to many I think MCO will relist, when I don't know, the issue is what their plan will be and how they can achieve it this time round, and will we have a new CEO and if so what will they bring to that table. NG will be a very demanding boss and I think some good governance rules between the board and CEO will be required to make it work.
MCO Price at posting:
11.0¢ Sentiment: None Disclosure: Held
