OTCPK:MEAOD - Post by User
Comment by
Margreton Oct 28, 2012 7:01pm
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Post# 20533007
RE: vibe from management
RE: vibe from management Maybe because they rely on one english speaking guy Ronald Perry for PR. i haven't heard from the CEO and other management possibly because they speak more french than english.
Third Eye Capital says "and a solid operational team with over 200 years of combined experience in the gold exploration and production industry." They're supposed to have done this before. Their bio lists the companies they have worked for. The company is producing now so it's not like they have something insurmountable to get over.
Look at how McEwen Mining performed. McEwen is one of the best mine managers in the industry having built up Goldcorp as CEO. But their stock price dropped from $9 to $2.50. Partly because of the drop in gold price from the peak and they're not in production yet. Even the best PR in the world can't hold the share price up if the company does not have earnings and cashflow. McEwen was even a better promoter than Nolan Watson in the past, going on many TV interviews and saying gold to $5000.