Join today and have your say! It’s FREE!

Become a member today, It's free!

We will not release or resell your information to third parties without your permission.
Please Try Again
{{ error }}
By providing my email, I consent to receiving investment related electronic messages from Stockhouse.

or

Sign In

Please Try Again
{{ error }}
Password Hint : {{passwordHint}}
Forgot Password?

or

Please Try Again {{ error }}

Send my password

SUCCESS
An email was sent with password retrieval instructions. Please go to the link in the email message to retrieve your password.

Become a member today, It's free!

We will not release or resell your information to third parties without your permission.
Quote  |  Bullboard  |  News  |  Opinion  |  Profile  |  Peers  |  Filings  |  Financials  |  Options  |  Price History  |  Ratios  |  Ownership  |  Insiders  |  Valuation

Moly Mines Limited T.MOL



TSX:MOL - Post by User

Comment by narmacon Apr 25, 2014 7:25am
218 Views
Post# 22489782

RE:Aussie exchange

RE:Aussie exchange Correct,,,,,,,,,,,,,,none issue at the moment,,,,,,,,,,,as nothing has changed with MOL in the back ground and their shares are trading as normal on the other two exchanges.  Cash can be moved with the press of a button while a full operating mine can't. Therefore a book value based on cash alone is seen as being artificial when there is no revenue stream fueling earnings and or future growth. Why Hanlong hasn't issued a buy back plan on the MOL shares is a quiery. They have so far refused to support share value for some reason. There has to be an underlying reason they want the shares to be at these levels or that they have no intent to improve the situation short term. I don't see where taking on debt in the mining business will help shareholder value! They have proven to the investing world over the years that they DO NOT have the ability to increase share value in the mining industry. The MOL management group now looks to be a bunch of cavemen looking at a coke can when it comes to a mining venture!!!  ,,,,,,,,,,,,,,Doug Buerger perhaps can assess a mining operation,,the numerous other seats are filled with accountants with soft hands!! Where does that put us in the mining industry???? Your guess is as good as mine. We certainly are not miners in any stretch of the imagination,,we are a VC group, and not a good one based on
our share price colapse!! ,,and where can we get financing???  All that cash in bank will need to placed on a hard asset before any bank will entertain us...so we get back to being cash poor at the stroke of a pen in a business the team has absolutley no track record of success in!!!. jmo
<< Previous
Bullboard Posts
Next >>