OTCPK:MEAOD - Post by User
Comment by
gina_cobbon Oct 27, 2009 12:41pm
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Post# 16427723
RE: Target price 2010?
RE: Target price 2010?2010 production estimate 50,000 to 70,000 ozs
Quoted cash cost $458 per oz
of course other variables are grades, production ozs, costs, capex, taxes etc
Last report of this years production was over 27,000 ozs so far
One can only guess at the profit ( my guess $25m to $35m 2010)
Sources of my info are Northern Securities analyst report, Mining Watch report and company news
Should be $1 to $3 in the next 12 months IMHO