Why hasn't a deal on MGA already been done? Is it because the fact the BOD's belief the continuous ownership rule has been observed isn't shared the the Aussie tax authorities of prospective buyers? I can only assume there is no MGA deal on the cards or it would have been done instead of getting into bed with YA! SLM? Too much sampling, not enough processing of rock into gold that can be sold to generate an income. Itogon, even that may well be running out of time ...
nones buying this crock of sh*t so if you wanna dump 12k worth of shares you gonna have to take a knock down price. plenty of scope for it to get worse before it gets better if you ask me. hold your nerve and do like our prophet LiquidGold advises and get some more at 0.10p
There was nothing new coming from the AGM today so we are as we were yesterday. What everyone is waiting for is a good strong RNS on Itogon, SLM or MGA ... any order will do. Concentrated effort on getting Itogon results out is what we need, don't forget Itogon could and should be a game changer if what we are to believe is true in the Hill of Gold. We still have MGA which is planned to be sold and SLM sampling as and when. And of course the lock stock and barrel statement in the last RNS is extremely intriguing. I'm not ramping when I say there is a lot of good stuff to come. I am just hoping it's soon ! GLA
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