Ann: Quarterly Activities Report, page-24

Ok, i'm looking at this glass half full today. Good news is there has been no leaks. Had a bad experience with DHR in this regard.

With the delays and probably no drilling this side of christmas, the SP is as always a reflection of market sentinment. At no point has the SP risen for MLS when there have been good announcements and so at least here we have consistency. 

Throughout the year the sell side has been fully loaded preventing the share price from really progressing, or increasing on good news. Perhaps this is an organisation seeking to accumulate at a fair price ?

Now glass half empty. People on the inside no there is nothing in Lac Rainy and so this is the slide we're seeing. With no drilling investors aren't willing to take the punt until there are clearer timelines on drilling and expected results. 

I don't think management should be too interested in the SP other than their ability to raise capital, then at what cost ? To raise capital at these current share prices would be a massive dilution.