OTCPK:MEAOD - Post by User
Post by
Margreton Apr 01, 2013 8:32pm
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Post# 21195254
Feb. 28, 2013 MD and A
Feb. 28, 2013 MD and A Notice that they made a key change to the copy and paste negative working capital paragraph that BasherT's good buddy MikeT repeatedly posted to scare people.
The text of that paragraph was the same for all the previous quarters in 2012, but now they changed the last few words of the last sentence:
"More advanced development and exploration work and the underground development of the Bachelor property will require additional funding. The company will have to raise funds by way of public and/or private financing, joint venture agreements, loans, or gold sales"
Gold sales was added to the list of methods to raise funds.
Obviously gold sales is the best method to raise funds, and they have record production this quarter.