OTCPK:MEAOD - Post by User
Comment by
gatoroneon Apr 19, 2016 2:59pm
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Post# 24785034
RE:RE:RE:RE:RE:RE:MTO
RE:RE:RE:RE:RE:RE:MTOFirst: Your foul language is not necessary.
Second: You misunderstand my point.
I don't have any problem with not releasing info if you have nothing to release. I understanding that drilling and analyzing takes time.
My problem with company management is that they use the 2 month allowance the law gives them to release quarterly results at the last possible moment because they know the less-than-good results will not make people happy. Just release the results and let the consequences play out, instead of manipulating the timing. As othes have mentioned, what happened to the monthly results we used to get? They disappeared when grade went down.
Look at the Financial Reports on the company website. The last annual report is dated 2014 from the end of June 2014. We're missing an entire year. You can find some more recent quarterly reports in the press releases, but you have to dig to find them.
The problem I have with MTO is not drill results, as such. The problem I have is the company keeps promising, but continues to deliver nothing. Hopefully, soon we will see some good news. That's why I contiue to hold my shares and occassionally buy on lower prices. I think the possibilities are very good for the future. But the management of this company needs shareholders to keep up the pressure to remain accountable to those who own the company. It's our money they are using.