A typical Colin Bird stock, a carbon copy of XTR with all the ramping taken to extremes
CB on 9/1/17 "Results from the initial test drilling programme have shown that the gold mineralisation along the Silverton Fault continues at depth over a wide interval…”
14/12/16 "The ambitious final 2016 step-out drilling programme at Mutsk produced excellent results by significantly extending the gold deposit footprint … Overall, work during the current year has substantially enhanced our prospects for the Mutsk gold project."
29/11 Mutsk drilling this season has demonstrated that it is a deposit of size and remains open ended to the north, south and east. We are extremely encouraged by our results and we will develop and refine our model during the seasonally closed period…”
8/11 "This drill result is very satisfying and has vindicated our belief that the deposit is open to the south…”
18/10 “…the Company is strong in its mission to identify a portfolio of significant near-surface gold deposits in different global regions to spread risk and enhance shareholder value."
6/9 "This is a very pleasing result for the Company… "
31/8 “…the Mutsk property has significant potential to grow in strike length (N/S) and to the east."
The list of companies that have done this on the AIM continues to grow. AIM companies are managed mostly by individuals whose only interest is in getting a paycheck for as long as possible. The failure rate, while at the same time the pay of executives of failing AIM companies continues to grow is disgusting.... and the regulators state they can not do anything about it. More like they don't want to get into this mess because it is so wide spread.
This has been a giant waste of time and our money. It means that they are admitting that the entire previous years were a con. They are changing a few actors for the the next show. Sorry but not interested in anymore re-runs.
Nightmare Liam. They obviously have decided that the Mutsk asset isn't worth pursuing after all. The plan has totally changed and to suddenly become a cash she'll doesn't wash with me. The BOD, in my view, is out of its depth running any real business.
One could in fact suggest that it's been nothing but a cash shell all along.
Cheers for popping in to say hello anyway. Much appreciated. Hope you are doing ok.
MVC changed its business strategy to going after gold, and bought the Deli Jovan gold prospect. MVC then changed it's name to ORE and completely focused on Deli for a few years until Mutsk was deemed more viable. Last three years or so the focus has been on Mutsk with a sideshow of Silverton.
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