OTCPK:MEAOD - Post by User
Comment by
Tritoonon Feb 14, 2011 4:39pm
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Post# 18131611
RE: Your main concern
RE: Your main concernWell, as is said many times : "buy the rumour, sell the news". I suppose this goes for 'good' news. Could it be that with 'bad' news (=dilution, financing) it goes something like this : 'sell the rumour, buy the news' ??
A bit of humour but maybe true.
For me, if this is what it takes to become a producer, I could live with it. It means a little less money,profit per share once in production, but that is more than we have at the moment. Considering that management is able to actually put that money to work so the company can start production.
Now, if management is able to do an equity deal with a producing company in the neighbourhood.....the stock could realy take off, because it would mean money in the bank, steady shareholder, vote of confidence and on to production.
greetings
T