RE:RE:Gold PricesDonlin wrote: Rocket, your comments are valid. The jury is still out on whether MGM will participate. Mgmt is definitely giving it a 50-50 chance. Questionable results, directors leaving and a surprised financial offering is not prepping for a golden path when the time arrives.
I assumed they let go the two Directors as a few days prior MGM released a statement saying they will be cutting cost to save money. New drill results were bad no doubt about that but its exploration drilling, I dont want them to continue as its costing too much money with little to show, that being said what is the 3.2 million ounces of Gold in the ground worth right now, 15 bucks or so, seems cheap to me.
Mathew Hornor said he wasnt given shares rather been buying at 30 cents since joining and is looking for a 10 bagger, I will be interested to see if Management will be buying here.