OTCPK:MEAOD - Post by User
Post by
ganja50on Apr 13, 2012 3:45am
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Post# 19789657
Strange trading
Strange trading This is a strange trading stock. Call it Steady Eddie. It doesn't rise much on good news but nor does it tank. At first I thought it was capped to prevent warrants from converting but expected it to rise when the warrant expiration period was past. Strange that it should trade for one and a half times cash flow so close to production--but I guess they won't reach 60,000 ozs until at least next year.