OTCPK:MEAOD - Post by User
Comment by
witsguyon Feb 17, 2016 11:35pm
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Post# 24569283
RE:Called the company...
RE:Called the company...u2bob wrote: ...Barry is an option it does not mean they would start it tomorrow...and that Moroy is were the bread and butter is right now ...and the companies main focus ...having said that I believe Geodan aked about equipment ...company has some and a crusher ...again having said that ...it would take time ...and a firm gold price...
Sounds like the ice bridge is complete...so lets hope drills get turning quick...It sounds like management has a good working relationship with SSL ...but they have to look towards extracting shareholder value for MTO ...
We have money in the bank .. I am not expecting to much from Q numbers this Q... someone here mentioned that gold did not climb until end of Dec...
For me break even this Q end of Dec..and still having money on hand will be a positive ...knowing the price of gold has been decent for this next coming Q ...I will probably add more...
Later
Bob
BArry MIGHT be an option pending at least 5 million in drilling... the resource as it stands is not taken overly seriously it seems... it just does not fit the ore model which is concerning. The model is high grade veins separated by next to barren volcanics. Check the tonnes used for Windfall Lake vs Barry and it will be painfully obvious. Problem when phone boys "steer" geological realities. Unfortunately MTO needs to do it all over again for Barry as a result and likely would come to more than 200,000 ounces inferred... so why leave bachelor for a money pit a hundred kilometres away?