Mongolian Mining Corp. (MOGLF)

[OMOLIVES]

Well...start with today's news:

http://iis.aastocks.com/20170119/002710092-0.PDF

Pursuant to the terms of the Lenders RSA, if, by 4:00 p.m. (New York time) on 20 January 2017 (or such later date as may be agreed), the Noteholders who had entered into or acceded to the Noteholder RSA do not hold supporting Notes (the “
Supporting Notes”) constituting an aggregate of 50% or more of the principal amount of the Notes, the Lenders RSA may be terminated with respect to a Lender’s obligations thereunder by such Lender.

After reconciling and verifying the holding positions of the Noteholders who have acceded to the Noteholder RSA on or before 13 January 2017, the Company is pleased to announce that, holders of Supporting Notes which in aggregate constitute approximately 94.1% of the principal amount of the Notes have entered into the Noteholder RSA on or before 13 January 2017.

So...now the RSA is confirmed! I wouldn't call this a catalyst as much as a major closure though. But others may....we'll see tonight.

The major catalyst will be Tavan Tolgoi. I think many are still thinking the past may come back to haunt them and it will fall through (for the third time). The sideways pattern has had ups and downs which is just trading. I think that it has been somewhat frustrating ...but...that's how it goes

Sorry for not getting back sooner........new laptop.....and had to create a new login.