I agree with jalzz that MPO potential asset backing far exceeds...

I agree with jalzz that MPO potential asset backing far exceeds current share price, that's a reason I have money in MPO.

My current concern is the company may hit a liquidity problem early next year if expenditure rate happens as per September Qtr report. As jalzz said, it could sell assets to raise cash, farm outs etc. To which I add, because it has zero debt, it could raise money by mortgaging assets or issue more shares, for example.

IMO it is prudent management policy to keep shareholders (the owners of the business) informed of future capital needs as MPO is still an exploration company and will need periodic cash injection.

Is the allocation of precious capital going to the correct projects? Do HC members believe that management have got this right?