OTCPK:MEAOD - Post by User
Comment by
JRaffleson Nov 22, 2015 2:29pm
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Post# 24313954
RE:RE:Sad Truth Is ...
RE:RE:Sad Truth Is ...Sandstorm would get 20% of zero if MTO mothballed the site until gold prices improved drastically.
However, Sandstorm are probably counting on the fact that the the costs of mothballing BL and subsequently restarting would be costly.
Even if this were to be an option, it is unlikely that the directors would agree to their loss of $1 plus annual salaries!