under valued, page-147

I must say Auto I did not interpret Gillysrooms' first post as conveying any sinister imputation about the nationality/ethnicity of major shareholders but his response to your post caused me to think twice. Needless to say, I was doing no more than expressing a concern that a substantial/controlling shareholder may be happy to sit on a lot cash for a long period of time. Many US corporations do this to avoid bringing it onshore and paying domestic tax. I'm not saying that's a problem here (I was explicit about that) but I would be concerned if there were no realistic & concrete plans to either deploy the cash or pay significant dividends/return capital given the immense surplus we see here. I also appreciate that deploying the cash requires some patience. No one wants to see GRR make the same kind of mistakes (albeit on a much smaller scale) as BHP & RIO made when making acquisitions. If you don't mind me asking, what sort of investment would you like to see MGX put its cash toward? Cheers.