Mongolian Mining Corp. (MOGLF)

[Ponch73]

The skimming et al other similar ills you mentioned are just conjecture.

Yeah, you keep saying that.

Unfortunately, my conjecture is based on the word of two trustworthy sources who have been on the ground in Mongolia -- one was an MMC investor who has met with management multiple times and the other is a coal industry consultant based out of China. Neither one had any financial incentive whatsoever to lie to me. Ironically, both of them advised me to sell all of my MMC shares when it was trading in the 0.20's over a year ago.

If you have evidence to the contrary, I would love to hear it. Until then, my "conjecture" beats your unsubstantiated opinion.

Regardless, the broader point still stands ... where is the free cash flow in this story? Until it shows up, we shouldn't expect to see a re-rating of the stock price.

In fact, MMC stock continues to trade lower and lower. I think the stock is at 18-month lows right now. When will this dead cat bounce?