OTCPK:MEAOD - Post by User
Post by
btrevorbon Apr 10, 2015 12:44am
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Post# 23615434
Perspective
PerspectiveSome of the people on this board and the MTO board of directors would have you believe that the mill at Bachelor is "the only game in town" and worth much more than the market cap of 13MM.
Well kids here is a lesson in "cost" vs "value". NOT only is the Bachelor mill less than half the capacity of the Sigma mill, it is located in butt **** nowhere, requires upgrades to it's tailings ponds and it's "Value" does not include a mine with 10 g/t, tailings ponds, shimmy shack, workers quarters, local ammenities, a 43-101, seven year mine life, etcetera, etcetera, etc.....
"The acquisition of the Sigma Mine and Mill Complex for C$7M in cash and stock was a highly accretive acquisition for the Integra shareholders"
Thanks for keeping your eyes open for accretive awuistions Ron and friends, this one is about six blocks from your house, how could you have known?