MCO 0.00% 11.0¢ morning star gold n.l.

mco fate perhaps the same as cgt, page-2

  1. 1,783 Posts.
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    In answer to your tongue in cheek question - I doubt it very much!
    Not with the four biggest shareholders holding 48% of the issued shares - I am sure they wouldn't be wanting to take a 50% hit on their holdings.
    Columbia - you are quite correct in saying management have been derelict in their on time responses to the longer term shareholders, IMHO.
    Quinty, and he has been most fair & informative to the HC bloggers on this forum, does get a personal reassurance from NG because of the size of his family's holding.Good luck ( & best wishes to Q1)as I wish him well.
    Three times last week I tried to ring the Sydney office but each time the phone rang out.
    However, having said all that, when you have a look at what management have achieved, I am positive that as soon as they get on top of their on-site assaying ? problem, then there doesn't seem to be much in the way of good production figures.
    Well, that's my reading and topping up (when I have the dollars) at the present price does average down my investment price.
    So, having got that off my chest, I honestly believe there will come a time in this calender year when holders will say they never doubted MCO would star big time.
 
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