OTCPK:MEAOD - Post by User
Comment by
Margreton Mar 13, 2013 4:01pm
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Post# 21124727
RE: RE: THEIR IR SUCKS
RE: RE: THEIR IR SUCKS You really expect a company to have 52 news releases a year just to report their production every week?
That's not practical. What company does that? Some companies have no news release for an entire quarter. You people are so spoiled lol
There are bound to be production variations every week. They were reporting records, not normal production every week. In the past, they combined 2 weeks of record bars into one news release. If they are even near the 917 oz that is already extremely good at 44k oz/yr after only a few months of ramp up. A drop to 40k oz/yr isn't going to kill you.
The best for shareholders would be to put weekly production numbers on their website and update it there instead of having a news release every week. But companies aren't obliged to report production numbers until end of quarter. They have already given more production information than most other miners.