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MINCO gold and silver explorer.... the facts

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blagger06 - Wed, 04 Jan 06 :

Further to my post yesterday, just had a call from RT. I do not think it right to reproduce a full transcript here on the BB but feel free to contact RT direct for clarification and more details- he sounds like a straight forward and honest chap! JT left apparently to pursue alternative personal interests as stated in RNS as did JF and not to do with any minco developments. I was reassured that all projects are progressing as planned. MD left to pursue a new post elsewhere as we know following a wrangle over share options. This new post also offered more financial reward than at MIO. Funding plans are still on going and it is still 100% aim to secure as debt based rather than equity with the possiblity of a silver loan arrangement. As mooted on this thread earlier today it makes little sense for the departed directors to part with their shareholdings until such time as they feel they are fairly valued so any fear over this eventually in the short term should be in perspective.
regards,


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