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Strategies & Market Trends : Ride the Tiger with CD

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To: LoneClone who wrote (313331)1/9/2026 5:53:04 PM
From: ogi   of 313339
 
I have no interest in "Razzing " you but telling me I know how it goes is hardly a reasoned argument of my request for you to support your pronouncements that Mogotes was just moving because it was being subjected to Promo.

Fact is they did a $15 million PP in June which they then bumped to $22 million. In the PP they brought on to their board of directors a member of a very influential Argentinian Family that plowed $9 million in to the company.. They also introduced marketing agreements at that time who were unable to create any interest or share price reaction, Stock went nowhere.. That has changed this past week or so but has it any relation to the marketing agreement ? Doubt It.

They also moved to acquire 100% of all lands ahead of schedule in order to be sure they control their own destiny. Without going on at length , they started drilling in November and now out of the blue this jr co., that is already set up and full of cash, with hitters involved and drilling underway, announces out of the blue yet another financing. In this case with the Fund that backed their neighbour at a pre discovery stage while that company then went off to drill a $4 billion discovery that abuts Mog's property boundary. With a new board appointment with a member of the Lundin board cannot be dismissed with a wave and a promo comment, which is what you did.

FOM driving some action? Sure absolutely but MOG now set to go for 2-3 years and has the imprimatur of multiple advantaged pools of money..

I have no illusion the first assays will satisfy the market, I expect they will lead to a sell down. But I also expect that $24 million from two big hitters plus others is not there for first assays and is not putting their money forward because of some imagined promo play with Mog .
Perhaps an overview of headlines will aid perspective:
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