MKY mky resources ltd

looking strong, page-30

  1. 56,581 Posts.
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    re: major alert..uranium results due 30m shares placement at 1.5c tells you more. 40m 1c shares expire on the 31/12/08? LOL

    Please there is no doubt - MKY is principally a money making vehicle and should be treated as such - you need to be ahead of the game here. Investing in MKY is a cynical exercise but has been rewarding for all who got in early....

    The "helicopter" surveying and further sampling will be released in a few weeks - I suggest when the performance hurdle is reached, sell if you have not done this already. Why has Warner been selling already on market?

    100m performance shares again similar to EXT? You betcha but check how and when they will be rewarded.

    For you now to make money, look at when and how the performance shares will be granted. Will they get 2000 ppm on more than 25% of samples? Of course.

    They will be sold on at a premium price to the monkeys so be careful.

    They have no money for drilling or anything else.

    Just my view.

    They are mining the market and if you are not careful, they will take your cash.

    She will be driven up after the performance hurdle has been met - and sold into. Just unethical IMO but this is the type of story that abounds in a manic speculative market awash with cash looking for any junk uranium story.

    Stacking the visual market depth, overriding the trading at higher levels to spark further interest only then to calculate the selling into momentum U monkeys are a tried and tested way to utilise this type of profesional spec trading.

    Want to start a company and rip people off?

    No cash, no internet site, no details, no chance to mine.

    The principal activity of the company has been to become the leading provider of 'Attentive Media' advertising in high-traffic, indoor retail venues. 'Attentive Media' is a term adopted by the Company to describe an environment where advertising materials are presented to consumers at very close range, for an extended period of time, and in close proximity to the point of purchase, such as shopping centre food courts. She then went to v/a in Feb 2006 after which Anglo Pacific stepped in.

    Now this?:

    Sydney - Wednesday - Nov 15: (RWE Australian Business News) -
    MKY Corporation Ltd (ASX code: MKY) has agreed to buy Queensland
    Uranium, a uranium explorer with tenements covering 335 sq km west and
    northwest of Cairns near the historic Palmer River Goldfields area.
    Results from previous surface sampling have given uranium assays
    with values as high as 2.5% U3O8 down to 0.04% U3O8 being recorded for
    14 of 35 samples collected.
    Consideration for the acquisition, subject to shareholder
    approval, is the issue of 80 million MKY shares and 40 million options,
    exercisable at 2.5c each on or before December 31 2008.
    MKY has also agreed to issue 100 million "performance shares".
    The company intends to place 30 million shares at 1.5c each to
    raise $450,000, less issue costs.
    These funds are to be applied towards the exploration program.

    Some of the U stocks are going to go down in history as pure blatant ramps but it is all legal and purely driven by greed. MonKeY is no different.

    Who is Queensland Uranium? LOL Warner has already disposed of 8m shares.

    How much cash do they have now? $150K?

    A shocker IMO.

    ROFL
 
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Currently unlisted public company.

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