OTCPK:MEAOD - Post by User
Comment by
JRaffleson Feb 23, 2013 5:58am
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Post# 21032308
RE: Gold production
RE: Gold production
The whole gold share mining industry is valued at perhaps the lowest metrics in memory.
A purchaser at your above prices secured an excellent buy price, however within a gold share portfolio .....
- what gold share losses would have been incurred in order to provide the investment funds, the exception being that this is new money
- an investor in Metanor @ $0.18 may make a high % gain - but the absolute gain may be very restricted, due to the restricted number of shares on the market at that price.
- When the gold price moves in the $2500 + mark, then investors will pay high spec prices for moose pasture, even with Jon Nadler as CEO. At this time, you may wish to reconsider, as the sp was above $0.44 when the BL operations had been suspended in 2009, after the accident