Replies to post #414 on Mongolian Mining Corp. (MOGLF)

[Ponch73]

Really a shame because we had just managed to crack a closing price above 0.20 HKD -- the first time in what seems like an eternity.

I don't think all hope is lot, however. This just isn't going to play out as smoothly as we had hoped.

Maybe Enkhbold can use his war chest to buy off Ganbaatar. If not, and he loses to Battulga (as is currently expected), the MPP could pass a bill to limit the President's powers.

All this being said, it's probably fair to assume that the odds of a TT deal happening by the end of the year have dropped, perhaps by as much as half, if not more.