Will MBMI belly up?

 

After hearing about the cease trade order issued against MBMI Resources by the British Columbia Securities Commission last 24 September, I wanted to ask their local subsidiaries in the Philippines, tongue-in-cheek, if they have a certain John Wilson on board or if this is a case of deja vu.

Canadians shot themselves on the foot, again

Ugh… what’s this item I just got from my news aggregator? I almost spilled my morning coffee on my laptop while browsing a news release saying that MBMI Resources of Canada just got suspended from the stock exchange. Last Friday, a carefully worded but nevertheless starkly admitted retraction of every speculative disclosure was made by the Canadians concerning their mining projects in Palawan.