OTCPK:MEAOD - Post by User
Post by
u2bobon Aug 30, 2015 1:03pm
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Post# 24063363
Whats MTO Real Value ?
Whats MTO Real Value ?MTO Market Cap of around of 16 to 17 million at .045 to .05 cents .. so what is our true value ?
Sandstorm stream of 20 million on Bachelor places more value on MTO than our entire market cap ...so what is our true value ?
Book value of 56 million ...and over 100 million in infrastructuer in place with 2 permitted mines...so what is our true value?
Tax losses carried forward of 40 mil ..and how much gold is at Barry not to mention all the new high grade gold being found in close proximty of the mill at Bachelor...also low capex to expand the mill ...so what is our true value?
So would making a deal with Sandstorm on Barry feedermill and stream on that Gold make sense ? If we cold retire our debt ? Cause I sure don't want to see us raising more capital at a .05 ...and if so would we not then be a cash cow with no debt for 20% ..at least they put up the money and believed in this company more than any of the so called Market Makers and their nickel shares !!!
Just some random Sunday morning thoughts ...and lets hope we dont get taken out too soon on the cheap ...later