OTCPK:MEAOD - Post by User
Comment by
u2bobon Oct 13, 2015 5:09pm
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Post# 24188212
RE:RE:RE:Bid@0.05/Ask@0.06
RE:RE:RE:Bid@0.05/Ask@0.06hardasset wrote:
I don't think there is a lot of downside risk for MTO at these prices. I point to the millions of shares thrown onto the market in recent days that have not been able to send MTO below the 5-6 cent range. I think this is a very positive sign.
I agree ! It's more likley they are hurting the upside ...If a bid where to come in.... who is going to offer more than a 100% share price... on a 30 day trading average ...12 cents might look pretty good to all those millions and millions of dumped shares ...lol ...lets be honest it would be hard to turn down...depends on your entry point !
Lets hope for shallow drill results with more high grade gold and a NR that breaks down how cost effect this will be for MTO... and just maybe that will give us the pop we need ...