OTCPK:MEAOD - Post by User
Comment by
cambuson Aug 20, 2014 1:05pm
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Post# 22860807
RE:Really quiet after such release
RE:Really quiet after such releaseIt will take a few more investors calculating the potential yield or the company being definitive about profits.
Unfortunately an actual dividend is not likely to be forthcoming in near future because of capital requirements to develop both mines and possibly acquire other properties.
Alternatively more good news re Barry or Bachelor (eg a large increase in official reserves) might do it but MTO seems to be under the radar for most investors.
All things being equal it will reward those with patience.