OTCPK:MEAOD - Post by User
Comment by
tsoprano1on Aug 21, 2017 6:06pm
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Post# 26605162
RE:June 8th 2017 from Geology for Investors
RE:June 8th 2017 from Geology for Investors You seem to believe two different dreams.
1. You think Metanor will be bought out because of the groups buying into company. I agree that is a very decent possibility. However, that will be at a 25-35% premium from here. Not really a big deal, in the scheme of things in gold investing.
2. You think life changing finds are going to happen. Maybe, but where you are wrong, dead wrong, is in thinking you will see any of that. If there is a big find, you will get your buyout. Don't think for a minute Sprott or any of the others give two shites about you or shareholders. The clueless boobs we had before this ran this as an ATM. Sprott may do it differently, but the result to shareholders is the same. Of course, the third option is that the gold isn't there in quantities Sprott and co. wants and they do something else with the company. He can always use a tax loss to offset the companies that make him money.
So pick a poison, the best to hope for is probably 35% from here. This will not be a multi-bagger simply because Sprott doesn't have to share and won't.
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