Chainsaw you may very well be right, time will tell.Some of the...

Chainsaw you may very well be right, time will tell.

Some of the things keeping me optimistic for the time being are -

Mantles recent joining of BCIA

http://www.bcinnovation.com.au/2013Newsletter0712

The hiring of this fella(to explore Mt Mull IMO) -

Mark Maxwell – B.Sc., M.E.C., MAusIMM, Exploration Manager CoalMark has over 20 years’ experience in the operation and maintenance of coal fired power stations and more recently 9 years’ experience in the coal mining industry and Geological Survey of Queensland as a coal geologist, technical services manager and project leader (geothermal and carbon geo-sequestration drilling). - See more at: http://www.bcinnovation.com.au/2013Newsletter0712#sthash.GGqXURsL.dpuf

And the back ended deal to acquire what I consider to be a very attractive tenement whilst the Vic Gov talks up BC, based on the sale of "clean coal" -

http://www.mantlemining.com/announcements/130823%201248779%20Mantle%20Acquires%20289M%20Tonne%20JORC%20Inferred%20Coal%20Resource.pdf

"Total consideration for the tenement to the vendor, Resolve Exploration and Mining, consists of a back-end vendor royalty of $0.80 / tonne clean coal sold, convertible to a $5 million payment spread over the first 2 years of commercial production in 4 tranches in either cash or Mantle shares at the vendor royalty holder’s option."


Above are the three areas I believe we may get some short term news from with the other projects all ranging more medium to long term for significant news.

We all know it's a spec stock and high risk so can only blame ourselves if it goes pear shaped.

I don't think it's fair to accuse management of being dishonest in Mantle's case. They all have plenty of skin in the game and continue to support the Co in raisings.

Good luck all the same.

B Rubes