OTCPK:MEAOD - Post by User
Comment by
fruitvale3067on May 19, 2016 3:10pm
129 Views
Post# 24889642
RE:jumpem happy
RE:jumpem happyGlad to see Jumpen happy, as for me I will remain cautiously optimistic. Until they can produce at least a couple solid quarters in a row in the financials area. Again drill results are fine and they are going to be adding them to the reserves estimates. However it's in the ground and hasn't added anything to the bottom line yet. For the last 3-4 quarters they haven't proved they can get it out of the ground for a profit. Yes, I know the POG has went up nicely, but until I actually see it in black and white cautiously optimistic is the best I can do. Just because it looks like things are beginning to turn doesn't mean I'm going to relax on management. Give me 12-15 million in the bank, a two mine operation, and pulling in 3-4 million in profit each quarter then we're talking. Were still some time off from that scenero