MOZ is both shaky and risky. Risky in the sense, it has obtained...

MOZ is both shaky and risky. Risky in the sense, it has obtained graphite licenses closer to both SYR and TON. The question comes to my mind as to why SYR and TON ignored these areas for graphite exploration when they were so close to them.

Geology has to do with lithology and rock types which do not change for long distances if geological structures remain the same. This means, if the rock types in MOZ are not the same as those of SYR and TON then there would not be much chances of getting graphite.

For example, CXO mining lease is 500m away from KGL mining lease where KGL discovered high-grade copper. However, lithology changes in 500m just at the boundary of CXO lease due a fold type structure tapering copper mineralisation towards KGL side. As a result. CXO mining lease has very little prospect of getting copper mineralisation.

MOZ is very shaky because it has about $600K after raising capital at the end of 31 Dec 2014. $130K admin expenses per quarter means MOZ would have little capital left and would be very close to raising capital in near future....

Keep watching....