Tentative first signs of a developing sea change in sentiment to the PM sector following the Euro Market deal. Have a read of Clive Maunds latest commentary at safehaven_com. Made a complete switch from his previous very negative view here, and gives the reasons which may help achieve an acceptable funding outcome for Morning Star. Having the suspension in place over the last few weeks may have just prevented a further sell off. Even a further extension to the suspension in my view may increase the likelyhood of the company achieving a better outcome. I suppose it all really depends on our convincing our company is of being close to profitable production. Unfortunately they are not telling us are they? Hoping for some positive news here and soon, and hoping we have our faith restored in the Morning Star Goldmine.
cheers mamba
MCO Price at posting:
11.0¢ Sentiment: None Disclosure: Held