is moto goldmines in trouble?, page-23

kanamint,think I would like to play cards against you.They are not going broke,have good amount of cash in the bank but drilling to prove up oz is not cheap.Placements from small resource coys nearly all see trading halts but Moto is now a Canadian coy with an Aussie listing.Back it in they are trying to strengthen their North American presence by placing stock over there.The recent reverse takeover of King products saw very little of the register in Canada.They went to Canda to get a rating like Banro corp which has a similar resource but twice the market cap of Moto.These things take a little time .A placement in Canada is just part of the process.I agree with others get out if you feel uncertain but think you may look back with regret in the future