OTCPK:MEAOD - Post by User
Post by
btrevorbon Mar 29, 2015 2:20pm
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Post# 23574627
Next NR
Next NRI think the very best we can hope for (Short term) is a positive back half of the quarter.
If Feb and March come back into line with both grade and tonnes we could see a pop in the share price. Unfortunately before the next quarterly report there are millions of flow through to dump at 0.05 so there is a burden that will cap the bounce. If you are lucky you can trade some of your shares then and recapture them when the massive dump starts next quarter.
If it is another negative production report this will turn into a P.P. life support system and only profit the brokers like it has for the past year and a half.
Good Luck people, with just mediocre execution the cash flow could be positive at NR. I don't know if it will be enough to recover the estimated $2MM loss for Jan. but it could be close.