I agree with your last post that MLSM will have to deliver a lot more before they can restore credibility with the market and investors. If you have not noticed, they are doing the tailings project differently from what they have done in the past. They are taking their time and also the press releases are honest and are telling it like it is. The reason for the recent press release was that they felt the investors should be kept up to date with that is going on.
Morag, this is not going to happen over night, if you think so, then your kidding yourself. It will be another 2 months before the tailings project gets started, but it will get started. After that there will be a fesibility study done and then we are off to the races, but it takes time. The first thing MLSM has to do is prove the asset value of the tailings and the potter property, thats what the tailings project will do, once they prove this, then financing will be granted from the banks to set up the plant. That's it in a nut shell, time my friend, time and patience. You have been in this play for a long time, don't bail while MLSM are on the home stretch. I been trying to buy today at .12 so far no success. Just because there are no trades does not mean there no one trying to buy, investors are just trying to buy lower than what the market is asking.
Rick |
