OTCPK:MEAOD - Post by User
Post by
u2bobon May 31, 2016 10:14am
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Post# 24918924
MTO !
MTO !Just what I thought for production numbers 9,114 ounces and sales of 8,730 ounces .. .very nice increase indeed over last Q numbers !
Last Q sales of 7,476ounces and production of 7,774 ounces at grade of 4.6 g/t
1,340 more ounces produced this Q with 4.9 g/t ... just getting started in the higher grade ore !
Lets not forget we already have April and May production in the books with higher grade ore .
Also the company has a gold inventory of dore bars of 2,029 ounces as at March 31, 2016.
Last Q dore bars1,563 ounces ... so again nice increase in numbers with better ones to come
Exploration drilling : Hewfran in the lower levels 10 and 14 ...Barry still needs more exploration drilling and Moroy still has a ton of drilling ... and a second undrilled area to the North to be tested...lots of irons in the fire ... and we still have Sprott and others buying ... at 8.5 cents Canadian with a ton of upside potential ...and if gold ever climbs then look out !
Good luck
Bob