OTCPK:MEAOD - Post by User
Post by
liquorcon Jan 11, 2014 10:41am
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Post# 22081110
Spin off Barry
Spin off BarryA spin off of Barry would not harm MTO's share price. Barry trading on its own, on a 1 for 1 basis, approximately 300 mm shares would most likely support a share price of somewhere between 3-5 , say 3 cents on the conservative end or $9mm market cap. The parts are worth morth than the whole. Looking at Barry's numbers, say 1mm oz's now with potential of going deep and bringing another 3 or 4 mm oz's into the fold at a minimum; this is not dreaming but could be a reailtiy in no time.
Reverse split at 10 to 1, sell 10mm shs at .30 cents (3mm), prove up another 3mm oz's and sell out to Eagle Hill which is 5 miles away and on trend. This would be an easy task.
Right now Gold is in the doldrums, persona not-grata. If qe2 is about over, and you listen to all of the negatives, gold should have cratered to $100, this has not happened because the knowledgeable people know what is coming. Looking back, gold did crater, from 1950 to 1150 per oz., that is an $800 haircut. Eventually all of the fiat money will come pouring in from qe2 and spike in inflation will eventually occur.
Forget the taper, inflation will trigger the next major rise. 10 year treasuries at 3% can become 4% in a jiffy, this will set the stage for an inflation burst. One month at 4% and we are off to the races. When gold went to 850 back in 1979 or there abouts, inflation was the trigger.