OTCPK:MEAOD - Post by User
Comment by
pdcon1on Mar 23, 2016 10:18pm
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Post# 24695884
conclusion
conclusion I have come to the conclusion that sentiment and gold price is the biggest driver for a gold co , once price valuation has been established along with cash on hand and positive financials . So many gold producers share price have been beaten down the last few years and to date many have not recovered fully or partially and mto fits in that catagory until the recent .12 cent range only to fall back due to the time span of a few days filling the gap. Second driver is drill results like Moroy that we are waiting for and third is a take over target , but at what price . When all three are met then we see a decent valuation for mto , but profits must come to play and when that happens we get fair valuation for mto a lot higher than .085 cents . Were getting there slowly but we will get there . jmo hold a lot of mto , trade a bit . jmo