After the latest announcement your conclusions are spot on. Current share holders face the same result as Monto 1. They have no funds and the money raised has been wasted. Their latest announcement clearly confirms that IMO and how pathetic it was. When they use the expression looking at "advanced projects" to add value to shareholders you know they are bending the bow. I sent them a fax and advised them of two opportunities.One was in production in mining mineral sands and the other was in gold whose SP rose 80% this week. I dont think they are at all genuine IMO and have no concern for S/holders. I agree with you about waiting for a pump. Seeing they need money to stay a float I could not see them getting any off current shareholders when you look how the directors have treated us lately.
MOO Price at posting:
0.7¢ Sentiment: None Disclosure: Held