OTCPK:MEAOD - Post by User
Post by
Geodan2on Jan 20, 2016 2:53pm
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Post# 24477774
My Guess there is one more big pop left, will hit highgrade
My Guess there is one more big pop left, will hit highgradeThe new target in geophysical survey sounds like it is at least twice as big or twice the grade in South Vein area. So maybe 10 meters at 10 grams or or 3 meters at 25 grams, something like that.
JMHO when they drill into the new target they will have some real and good news, and MTO will pop, maybe double. If they hit several holes at the above mentioned grades/widths over consoderable area, maybe a triple.
Management does not have a good track record of getting a return on investment. But at current $1600+ gold price if the hit large body with above grades it will pop. If its 50% better than above grade/widths, then MTO is a good investmnet even with current management, they will be bought out at maybe $.40 or so. JMHO