OTCPK:MSSNF - Post by User
Comment by
sesses3on May 22, 2012 5:46pm
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RE: Albania? ALBANIA?
RE: Albania? ALBANIA? Plenty of mineral potential in Albania, and there are Turkish mining companies active there already, that much is true. However, I agree that it is rather strange for a cash-poor company like Mediterranean to take on another set of assets, given the fact that they're barely moving forward on their existing project.
Maybe they're simply bailing out on their old project, and they need something else for the company to stay alive. I certainly hope that the major holders of Golden Touch have agreed to hold on to the MNR shares they will receive shortly, because otherwise the share price will take a massive hit once these 20+ million shares hit the market.
If they want to be taken seriously as an exploration company, they'll need to staff up and communicate a lot better. Hard to place much value on any of their properties when the company itself seems rather disinterested.