Lack of integrity shown by the rebels The way that GoldMet tried to pull this off in the sneakiest of ways, trying to hide behind a minor shareholder to disguise their true intentions (after promising to support the current Board of Directors, no less!) shows a lack of integrity that does not inspire confidence.
The window is closing for GoldMet, so it's now or never. The long awaited PEA for Mengapur is expected within weeks from now (after a lot of work - more holes drilled than the original database), and there should be a resource expansion for Selinsing based on the last year's drill results. I absolutely LOVE the Australia acquisition. It's done at a cheap price, and includes most of the equipment. It should take only a few more million dollars and a few months more to put it in production and get some major cash flow. It not only more than doubles Monument's gold resources, it would also enable Monument to buy properties around the plant with known reserves at a cheap price with a plant ready to process all this ore.
There is a lot of attraction to the idea of selling the company into pieces and cause the stock to get to maybe $.50. I just see this as wasting the great potential this company has and the competitive advantage it has in both Malaysia (good relationship with the government, close to being traded on their stock exchange, tax advantages for Mengapur, early knowledge received from the geological survey...) and now Australia (see above).