Member Info for Manro

Yes b/p, Ii website changes very strange and quite unpleasant. Clearly they do not care about investors but only their own convenience and profit. I am thinking to change this broker.

Unclemal, add now as much as you can and keep them for at least for triple price rise.
Such rise and quite soon inevitable.
GL

I said this ages ago, but few only to believe it. I would recommend to think about switching to MATD right now. I am not big fun of the CEO of this company too for his quite often empty talking. But day to day an oil production license will be granted for the oil field which was 2 years ago. Except, an exploration license in a proposed new large oil field must be granted. Which will of course skyrocketing the share price.

JODO and Doc83,
Completely agree with both of you.

Locky1985,
If you are leaving with losses, then sorry but you are wrong. Having ceased to be a co-owner of the company, you deprive yourself of any opportunity to hold the IB liable for its not just incompetence but constant deceit and false promises as well.

I also could not resist not to add significantly today at such a ridiculous price as 39.40
GLA

Thanks Jimi. It's perfectly clear the Mongols too have learned how to fool easily Western investors. Let's pay tens of thousands of dollars, explore and discover our untold natural wealth and endless oil deposits. Specially when some our block sizes are bigger than the entire area of Qatar. Well, if suddenly you are lucky and find something, then everything will depend on what you find and what is the size of your paper bag of bribes. I want to send them a letter and try to find out what this scale of bribes will be and only after that decide whether to bid or not. Lol

So what does this Canadian consultant say to the Mongolian government? Give MB access to the land, so that he would take up his direct duties and stop being an empty talker, traveling and parasitizing on his money?

For you its laughable and the simple reason of that because you do not understand the depth of degradation that you can undergo. In case when you not only don't want to know the opinion of your opponent, but also try to shut his mouth. Did you ever hear what Voltaire said: "I do not agree with a single word that you say, but I am ready to die for your right to say it."
Has it reached you at least now or still not?

Poole, you can be very glad of being not alone and there are at least 6 of you who didn't even understand what I have written but very quick to join you. That is what really sad and not me or my opinion.

badprophet, there are already negligibly few critically thinking people, and instead of ignoring those who wishful thinking or trolls together with idiots, you decided to listen to them? This is how it happens in life, when smart and critically thinking people give up their positions to fools, which leads to all the nasty things that happen in life. It doesn’t reach idiots, and sometimes even smart ones, that if you don’t criticize those who deserve it, it means either being afraid, and therefore shutting up your mouth, or deserving of the position in which you find yourself. So you'd better reconsider your decision.

They are corrupt officials, not nobheads. But there is notting to worry about since our CEO-empty talker and traveler enjoys a full support of Mongolian government. Lol

Yes Jodo,
I know for sure that the Mongolian government listens very sensitively to Chinese government and even companies. In the same way, they react to all trade and economic relations with Russia and even Kazakhstan. And there is no reason to think that they will not give a damn about the requests of the British Ambassador or the Head of the British-Mongolian Chamber of Commerce and Industry.

Doc83? I mostly agree with you. There are no any changes in the way this “highly-calibrated geophysicist” and highly-talkative CEO runs the company. Moreover, we do not even know if he is at his workplace in Ulaan-Baatar or vacationing in the Maldives. And the euphoria that many experienced now was most likely due to their hope for a new round of frenzied and unjustified growth in share prices (and then fell even more rapidly). The only exception may be that we have drawn the attention of many British government organizations to the disgrace shown to the company and to us investors by local and central authorities in Mongolia. Let's hope that this factor has played its role and the issue of land access is now at the stage of an early and positive decision.

A far-sighted and honest CEO, and even more so a highly qualified geophysicist, and not some kind of empty talk, was simply obliged to overcome this artificially created and essentially criminal refusal of access to land in 3 years, completely ignoring the huge money for Heron.
Moreover, it was from the drilling of Heron that he should begin his activities. For any self-respecting CEO, refusal land access would mean arbitrariness and robbery of the company, and for him personally, a deep insult. But, instead, he took a completely unjustified risk with the Snow Leopard. Since it was easier to rob gullible investors, promising of new fantastic discoveries than to do painstaking work. By the way the same he is doing now by exaggerating the significance of the new and supposedly "transformational" capabilities of Velociraptor. Which are also likely to turn into dust.

Vikinglass, even you are tired, rejoice. Because it's a good chance for you to become smart.

It may not be worth speaking negatively, but I did not find anything positive in this presentation either. Moreover, the questions asked by this Donald are not at all the ones that we sent and were waiting for the answer from MB. In general, nothing new or significant that could change my mood or attitude towards him as an ineffective CEO for the better.

Hey you, iamrich if you're so incredibly smart, could you tell us what our lies are? And aren't you afraid that we are now going to take you up and drag you to court for slandering us?

Thanks to you too, Hamm.
Let’s hope that our questions will be will be announced and MB will respond to them. But to be honest I doubt both.
And if so and any further delay of LP, then we have to continue our efforts and exercise fully our rights as co-owners of the company.
I wish you and all other critical investors enjoy a beautiful sunny day, which hopefully does not turn into a disappointing evening after the presentation.

I will add also.
If there is huge support from Mongolian Government, which Mike Buck constantly and on all of RNS or his presentations talks about, then why he was unable to get Land permit during 4 years of being CEO? Does he realise that by doing so he constantly misled investors not only for one year, but for all 4 years of his tenure, and that this turned out not just into "frustration" as he is very softly mentioned in RNS, but huge financial losses for investors?
And since Make Buck reiterates that "We are hopeful that we are now reaching a new phase in the process with central government recognising that it needs to bring this access issue to an end through direct action", two more questions arise:
1. Can he to achieve this before the opening of the drilling season in Mongolia, or will it result in new losses of time and money?
2. Is he now in his office in Ulaanbaatar and has directly involved in this or will do it virtually from Singapore, Italy or anywhere else on the planet?