Agree with you Money. MMX management have had their egos put back in place by bieng out everythinged by Sino who have been on the world platform for a while.
The last gasp effort to gain control of MIS via a reverse takeover and scheme of arrangement smacked of desperation. O.575 MMX share for 1 MIS share was a last ditch attempt to keep Sino out but alas MMX had to withdraw with egg on their face. It's easy to live in hindsight but it would've been a vey risky propisition for MMX holders to accept that ratio.
Now I think the MIS merger on MMX terms is gone. Wonder what Falcone must be thinking after buying up MIS shares at over $7 a pop and MMX have sold their blocking stake. He's all about business anyway so he'll make his own decision. For now keep digging and prove up more and more resource.
MMX Price at posting:
$1.99 Sentiment: LT Buy Disclosure: Held