OTCPK:MEAOD - Post by User
Comment by
gahdcon Aug 17, 2011 1:34pm
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Post# 18952247
RE: RE: RE: RE: september target price at 0.48
RE: RE: RE: RE: september target price at 0.48"other prospects which they would then have the wherewithal to develop."
Yes, full production at $1750 gold price would be throwing off over $4 million a month cash. That will buy a lot of drilling and exploration, maybe even some nearby claim aquisitions. If Barry resources increase this year, however, I would think their first use for that money would be to finance a mill or concentrator at Barry.