Great Post from Tokyo - thanksCertainly was a bit of panic...

Great Post from Tokyo - thanks

Certainly was a bit of panic selling today and understand why as there is no strategic direction set for the company and looks like our investment is going to be locked up for a while pending a strategic decision being made.

If the current cash/asset value of the company is about 19 cents/share ...surely any decision to dilute that value (via a bad company acquisition) is not acting in the interests of the minority shareholder.

I will and suggest that other shareholders write to the Board/Chairman and remind them of their obligation to minority shareholders.

I hope that Moly Chairman Nelson Chan is correct in saying "Cash is king and patience is virtue"