OTCPK:MEAOD - Post by User
Comment by
Geodan2on Oct 30, 2015 3:15pm
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Post# 24244831
RE:after picking some brains
RE:after picking some brainsHi Wind, Thanks for asking around. JMHO 1 year from now wether they drill agressively or moderately, will make no difference, they will know the same in terms of minable ore. Is it worth elimating 30-35% of the upside to know in Novemeber what you would now in December anyway?
AND when you know it, they could raise cash, at 2x, 3x etc higher prices. Again JMHO, if they owned 75% of the company instead of the 3% or whatever it is, they would have never done this deal. They would have drilled at moderate rate instead.