OTCPK:MEAOD - Post by User
Comment by
gahdcon Dec 09, 2011 11:21am
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Post# 19307259
RE: Sprott ownership
RE: Sprott ownershipHow many junior exploration companies have been able to make it into production WITHOUT having to resort to large issues of shares that dilute shareholder ownership by the time they finally become a producer? Not many I'll bet (and how many never even make it into production) and I'm sure Sprott and the other big boys are aware of this. If MTO where such a bad investment then would there be anyone willing to invest even at these prices? I would also bet that Sprott will be offered the chance to participate in this PP if he wants to. He is one of our biggest and oldest share owners. His patience and that of the other long term holders looks like it is about to be rewarded. We know of course "The Beaver" is a short term in and out player, as he has told us many times on here, just last week he told us he was out again, so I guess now he is just hanging around to get back in a lower price for another quick flip as we finally break past resistance at 40. Everyone has their own trading style. GLTA