Mongolian Mining Corp. (MOGLF)

[OMOLIVES]

Sure...and thanks.....this is the highlight from the JPL dated the 12th of this month:

In the JPLs’ view, these discussions have been highly constructive and consequently, on 8 October 2016, the JPLs issued
a further revised termsheet to these principal parties, which reflected these negotiations. The JPLs have requested the Bank Lenders and Noteholders’ feedback (if any) on this revised termsheet by 12 October 2016, following which, if the parties are in agreement,the JPLs proposed to formally release the revised termsheet and commence the process of seeking the Grand Court’s consent to propose a Scheme of Arrangement on a consensual basis. In addition, the JPLs have been in the process of preparing a restructuring support agreement in the event that the termsheet is agreed by all parties.

That's really positive.....I am not sure of the time of this hearing...they have met before with creditors @7:oo am cayman time(8:00eastern).

Now to this volume glitch today. I call it a glitch because it was the highest amount yet. Given that trades can be made on the OTC after 6:00 am....and not being able to confirm if it was around 8ish'.......or 10ish'........if not a glitch...then just maybe someone got a scoop. May know within the next few hours.

It is without a doubt ..an amazing study given the location of said company...the story...the rise in coking coal..et al. And by far... a liquidation process/restructuring that is baffling be it crazy....in a good way that is..... the potential is incredible.

Never in a million years wold you see shareholders protected so much if this was happening in this country.