OTCPK:MEAOD - Post by User
Post by
sapiensunuson Aug 23, 2013 2:47pm
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Post# 21693586
Well, Well...well.
Well, Well...well.Here we go… MTO finally performing like its Quebec peers. Look at OSISKO… yes… a good comparison and should be trading at approx. 1/10 by production volume (not including the larger amount of shares outstanding w/Osisko). Yes folks, that means at some point .50 to .60. If the management was proactive they would already be eying a partnership with their direct neighbours – including the big Eagle on the hill.
Let’s just say that things go as planned and the mill turns out 40-50k ounces within the next fiscal year. Even at POG of 1000 that’s still a lot of money with an owned mill, government kick- backs and continued low interest rates. They even had enough to pay higher rates and finder’s fees…never mind the gold that they are stock piling. That’s what investors are not seeing. The sad part is… there is a slight possibility that they won’t until management makes it abundantly clear – if and when they do!
Management… it’s time… don’t let us down – again!
GLTA and GWH