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Moly Mines Limited T.MOL



TSX:MOL - Post by User

Comment by G1945Von Apr 06, 2014 11:56am
206 Views
Post# 22417486

RE:New to MOL

RE:New to MOLpoorgrammer: I held this stock for a long time and I am still waiting for a payoff. There is no short term gain here. Hoping some good may come yet. 

Read the news bullets on this bullboard to get some prospective.....
....i.e. Press release June 26, 2013...states: 

"After settlement of the Transaction, the Company will have a significant cash and liquid assets position of at least A$80 million (equivalent to approximately 21 cents per share on a fully diluted basis)."......

If they go ahead with some grand scheme in gold and copper, the cash will be squandered away. There are many in that space and going nowhere. I highly doubt these guys can do any better. 

Good Luck.

IMO
G1945V
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