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Re: gold team post# 105602

Thursday, 03/19/2015 1:11:11 PM

Thursday, March 19, 2015 1:11:11 PM

Post# of 123645
My question to any potential MRIB buyers at this or any price right now would be why would anyone do it in the continued absence of financials?

Seems to me nothing positive is going to happen before reporting if they ever do and we all pretty much know the last quarter in question was not good. The next quarter, which ends in a little over a week, is probably even worse with the loss of Costco.

Doesn't sound like there's much upside in MRIB right now and I'd imagine the PPS can only go lower based on what will most definitely be two very disappointing quarters and that would also put the next possibility of any positive report out to a report due end of August at best. That's also a long time to keep the operation going on no money and little if any shareholder confidence.

Bottom line is it's probably a really good idea to hold on any buying until at least the overdue MRIB financials come out. If they never come out, which is starting to look like a distinct possibility, you're safe. If they do come out, they won't be positive or increase the PPS. Most likely the opposite. In either case, $.0002 will probably be seen shortly.