I wasn't going to post on MKY but given the postings today, I...

I wasn't going to post on MKY but given the postings today, I will give my view.

Management are selling into you as the 3Ys state. 30m shares placement at 1.5c tells you more. Was today the monkey day - it was for me. 40m 1c shares expire on the 31/12/08.

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 is Warner selling already on market?

100m performance shares again similar to EXT & TDR.

For you 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.