Ann: Update on Historical Results from Mbengue Project, page-71

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bj789

266 Posts.

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06/03/19

17:34

Post #: 37675402
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Originally posted by flaming: ↑

The silence from the company is deafening.
It's more like a secretive 007 operation rather than a mining business.

Well they have never been successful in mining mineral business..........just very successful in
mining ASX shareholders.
Maybe they forget it is a public listed company and there are angry ,frustrated shareholders to answer.
I wonder how ASX makes no query about it.
They do pay the yearly listing fees to ASX....that's all ASX cares about.

In the last 2 years there was only one major buying entity RSG( John Welborn from Resolute mining) which supported the price.
RSG were more so interested in the Victoria Gold Project(VGP) TANZANIA, as they had a good understanding about its prospect and at one point used to own the exploration rights etc. It was more like a back door entry for RSG to the VGP due to some legal issues in Tanzania.
But since the VGP deal fell over, RSG is not much interested. RSG's $2-3 million investment is nothing compared to the money RSG has burned in the last two years.(From my back of the envelope estimate roughly over $200 million+.....all in capital development......great path to future bla bla bla.

Sometimes I wonder what this management do all day.
Do they even come into the office.
I like to apply for a job here.......any job is fine.....as there is nothing to do.....I'll take any position available.

The Director/Secretary will remain there until the last dollar in the bank account.

Expand

so MSR don't even have licences yet to do any digging, and as for Shah's reply... I better not say....

MSR Price at posting: 0.4¢ Sentiment: Hold Disclosure: Held
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Ann: Update on Historical Results from Mbengue Project, page-71

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