OTCPK:MEAOD - Post by User
Post by
u2bobon Sep 23, 2015 12:07pm
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Post# 24128226
Near Surface...
Near Surface...... game changer for MTO ...if drills prove up shallow resource ...strip ratio and overbuden will be nothing at this shallow depth to extract high grade gold ..with the mill so close ...maybe we will be able to bump up closer to its 1200 ton per day capacity depending on the ore material ...big equipment shallow high grade gold spells low production costs per ounce and close to mill spells CASH COW ! ...I have been buying more at this level been waiting for something like this plenty of gold around to keep this mine running for many years at 1500 + Canadian dollars per ounce no brainer ...nothing else out there even close to this price and potential already producing...imho...
Later
Bob