OTCPK:MEAOD - Post by User
Post by
u2bobon Feb 12, 2016 12:52pm
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Post# 24553016
Why Management Buying Now ?
Why Management Buying Now ? 1 - Moroy ?
2 - Barry ?
3 - Mill and Infrastructure ?
4-- Price of Gold ?
5 -Takeover ?
My guess is all of the above ...with gold climbing and potential of millions of ounces on the line ...greed becomes a big motivator for companies and all investors...Management not owning many shares will not want to be caught with there pants down... if a takeover bid comes in....and who better than management to know if a company is showing some interest...
Sandstorm Oban with Osisko backing should be the one and two most likely candidates...Sandstorm has grown a lot in the last few years so for them to pay 15 to 20 cents Canadian would be nothing to takeover the works ...they know the numbers !
Oban Osisko are looking to become a Consolidator of the area but with no mill their share price has been stuck ...they need to become a producer soon!
Plenty of good reason to be buying discounted shares in a company that could be worth billions once gold is factored in...who will strike first with the share price being held down and all...lets hope gold keeps its upward trend...Have a great weekend everyone...