OTCPK:MEAOD - Post by User
Post by
btrevorbon Apr 01, 2014 4:45pm
271 Views
Post# 22397670
Bright side
Bright side Like it or not it's dillution and it will be sold in three months. There is no long term partner here, they want their money and because there was a weasel clause MTO used it.
Unforunately previous poster is correct, if they can't find enough money to pay the bills at 4200 oz of production there is not much left to make money unless POG goes up significantly.
Management has gone past due on schedule and over spent to the point of having less money coming in than going out on a regular basis. Bad for business no matter how you slice your cow.
MOOO.
