OTCPK:MEAOD - Post by User
Comment by
tsoprano1on Oct 08, 2017 11:40am
90 Views
Post# 26790599
RE:$5.00 or 5x
RE:$5.00 or 5xgnote, first off, companies seldom get bought out at multiples of price. Usually 25-40% premium. Second, you keep missing the big picture. Sprott isn't looking at a buyout to make him money. He is looking at the property down the line to make him money. What you guys are missing is that Sprott isn't going to buy out this company at a huge premium and cut his own throat. Rather he will give a small premium to shareholders so that the big profit will be his down the road. I completely agree that the company is going to be bought out. But, I have seen enough of Sprott to see it is all about him. But, I think many of you know this already, just hoping the greater fool theory plays out. If you own it at today's price you should make 25% on your money. Not bad, but who knows the time frame. Personally, I am trying to find gold stocks with 100-500% futures. And, trust me, that ain't here.
T