OTCPK:MEAOD - Post by User
Comment by
mstettleron May 09, 2016 1:44pm
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Post# 24854624
RE:SSL MTO
RE:SSL MTOBob,
I have emailed MTO management twice to inquire about the two previous quarters. The average price realized for the gold sold during both of those quarters was significantly below the average spot price for gold.
In Q4 they realized $1054 USD per oz while the spot price averaged around 1200 USD per oz.
I have never received any response.
It remains to be seen if grade improves.