OTCPK:MEAOD - Post by User
Comment by
gahdcon Jan 12, 2011 2:42pm
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Post# 17961200
RE: A Little Chart TA
RE: A Little Chart TAThe following is from their 1/4/2011 press release.
"Project Update
The mining contractor Montali performed their first blast in the shaft on December 20th, the mobilisation is now complete and on schedule, and they will now continue to sink the Bachelor shaft another 536 feet, and then construct 2 new levels in the coming 9 months to allow access to ore to complete a 5,000 tonne bulk sample."
They also met their end of year deadline for the prefeasability study (well, OK they missed it by 4 days). I'm willing to be patient, especially since my entry price is not far from the current level. I am trying to avoid past mistakes of selling a stock too soon out of impatientience. Time will tell.