OTCPK:MSSNF - Post by User
Comment by
sesses3on Mar 31, 2012 7:07am
254 Views
Post# 19742720
RE: RE: from MNR's home page
RE: RE: from MNR's home page According to the just filed MD&A it was settled for $165.000, ie. the amonut Guest was owed in termination benefits. Add legal costs and the lawsuit has cost MNR about $350.000.
Precious little other new information is available in the MD&A, adding to the impression that MNR is almost in hibernation mode at this point. The long-talked about structural relogging of drill core is apparently still only "being considered."
Given the lack of progress, I think the board of MNR should seriously consider ways to speed up things -- find another company that already has a strong team in place in Turkey, sell the project to them for shares and let them take it forward. Something aggressive is needed here.