OTCPK:MEAOD - Post by User
Comment by
u2bobon Sep 17, 2015 8:22am
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Post# 24111497
RE:RE:RE:RE:Perception...
RE:RE:RE:RE:Perception...Hi Tom buy any MTO yet ? I still like the buyback as a defensive measure as long as we are producing gold and retiring debt thats great...and It was used for buying shares at a strike price below the last PP ...you may not end up with many shares but it sends a signal to the market ...And lets be clear if someone is dumping a ton of shares who better than managemet to know what footing the company is on ...I just think that it gives management a defensive tool tp use in these ruff markets...the company should be in good standing after paying back the 7 million dollar loan...so if expanding the mill will cost 2 million... and it makes sense then we should get another loan ...and lets protect are share price cause I think this company is valued by the market incorrectly ...and lot can happen over a year time period