OTCPK:MEAOD - Post by User
Comment by
fruitvale3067on Aug 02, 2018 8:21am
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Post# 28402876
RE:RE:RE:RE:RE:Listen and learn about our new partner!
RE:RE:RE:RE:RE:Listen and learn about our new partner!Strupid, the stock market is all about making money. Sometimes we win and sometimes not. If I stilll held shares in this company I would still be at a loss, and the stock price is still lower then what I sold it for. I wasn't willing to wait any longer and moved onto better companies over two years ago. If you hold this long enough you probably will eventually make money. However your going to have to wait another 1-2 years before it gets there and I'm not willing to do that. It also has nothing to do with risk tolerance. I'm invested in a gold and copper exploration company in Mongolia. So don't lecture me about risk tolarance. The MTO/Bonterra play is consideribly less risky, doesn't have anywhere near the orebody. I've set aside some funds to make some more risky but hopefully big gains and that's where those funds sit at the moment. I originally purchased shares @.17 cents. Today it's at .45 as undergroud development continues on the project. The deposit is so large it's going to take 2 more years just to get a tunnel to this companies portion of the property. Yes the risk is large because it is in Mongolia, however the highest grades on the entire project are on this companies property. It's worth the risk for me with the funds I've committed and on top of that I've been in the black ever since I purchased shares with my leftover MTO sales.
If you eventually make money here good for you, I just think I can do better elsewhere.