OTCPK:MEAOD - Post by User
Comment by
Margreton Oct 17, 2012 8:51pm
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Post# 20496055
RE: Getting older
RE: Getting older "So that's where I am because time makes or takes money every day, unless you are stuck in an MTO time warp."
Only my opinion, but the MTO time warp was mostly during the flat 2-3 years middle phase of that chart, after the "reality sets in" drop. After waiting so long, many people still feel they are still in that phase. All mines require several months to ramp up. To a day trader, that seems like a long time, but it is relatively short compared to the entire life cycle of a mine.
If you multiply a profitable high grade mine by 80%, it's still very profitable. 100% is not a necessary requirement to be profitable, the other stream companies of SSL isn't dying off.