OTCPK:MEAOD - Post by User
Comment by
fruitvale3067on Aug 23, 2016 10:21pm
150 Views
Post# 25170307
RE:RE:Big Void
RE:RE:Big Voidtsoprano, I share with your assesssment. A couple months ago the CEO of SSL talked about buyout opportunities of two Juniors. Metanor and Luna Gold. As we know both companies have struggled badly during the downturn. With Luna getting having to shut down it's mill.. He mentioned he thought Luna was a better buyout opportunity even though they are currently not producing. However they had a solid deposit and a massive land package. Now I want everyone to look at the charts from these two companies over the last 6-8 months. Based on what you see tell me which one looks like it's going to get bought out. On one side you have some anylyst's promoting the heck out of MTO for the past 6 months so much so it's mostly repetative at this point. Luna on the other hand is quietly getting it's act together and now has a new management team and a partner (another mining company). Appearently the market likes what it see's so far with Luna. At one time these two companies were about the same price. Today one is on the move and hasn't produced an ounce this year and the other is a producer that can't get out of it's pwn way. When you look how each company is proceeding forward to me it looks more and more ike an act of despiration on MTO's behalf. For full disclosure, some of my sold MTO shares are now invested in Luna.