From my experience of another company with very similar project structure (but hopefully different management here!), I have seen FOCUS is critical and handling too many projects for a company which does not have revenue and relies on CR, is bound for shell level SP, and running the risk of eventually not being able to secure funding due to low SP and dilution factor.
So, IMO MLS needs to FOCUS perhaps solely (for now) on Lac Rainy with a review of project management ... but as an investor, we should be prepared to consider the risk and accept that drilling results may not necessarily be what we hope. Nevertheless we, as a small cap company, need to focus on driving the one project that we have our best chances with and if we succeed then expand operations.
MLS Price at posting:
0.3¢ Sentiment: Buy Disclosure: Held
