OTCPK:MEAOD - Post by User
Comment by
btrevorbon Apr 23, 2014 1:13pm
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Post# 22482090
RE:RE:Major drill program results way overdue ......
RE:RE:Major drill program results way overdue ......Not sure if it is overdue just yet.
My understanding is that there are 3 drills turning and 15 000m to complete.
Previous experience is approx. 7 500m per drill per annum.
At six months for three drills that would be 11 250m or aobut 75% complete.
This of course is just a back of the napkin estimate and an additional 3 months are required for MTO to get results tabultated and released so corporate year end (July) might be closer to the release date.
However as has been pointed out, if they found anything worth value it would have been announced immediately, as previous Fantastic (if only to themselves) drill results have been graced with trading halts.