OTCPK:MEAOD - Post by User
Post by
LbinLoLon Nov 08, 2015 3:34pm
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Post# 24271589
Calm down, breath and think
Calm down, breath and thinkI always have been disapointed by hopes promised by mto... recently I felt this story finaly turned around and hoped again! But once again they disapointed me. They are throwing cash throught the window to drill bachelor proprety, they do not have any more cash to spend on barry or expanding mill capacity. The only way theyll get that cash is with stock dilution.. SS doesnt care. They are the creditors, so if mto fail theyll get the entire company, meanwhile they buy gold on the cheap.. lately the company said that theyll start bringing more gold from hewfran and less from bachelor and that will increase g/ton... what that is really telling me its thay bachelor is nearly depleted. Not good at all.. the only real hope for shareholders to make a few bucks os a takeover.. but they sold 1/4 of the company for 4 mil$ (dont bother telling me they will make that 4mil$ hit millioms worth of gold... COME ON guy WAKE UP), if anyone think a takeover could happen with a minimum of a 2-3 bagger from this level.. well think again or go consult a financial advisor.