OTCPK:MEAOD - Post by User
Comment by
u2bobon Jun 22, 2016 10:17pm
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Post# 24989678
RE:RE:RE:RE:RE:RE:RE:RE:RE:Barry NR
RE:RE:RE:RE:RE:RE:RE:RE:RE:Barry NRtsoprano1 wrote: Bob, my cost is .066 US. And, yes, I should have been smart and taken profits when it went to a dime. As to learning how to play juniors, I have no problem with legitimate companies like Caledonia, Teranga and Claude. However, this is far from a legitimate company. This is a shell game played for some very poor directors and management. The fact that you keep pumping this leads me to believe you know that and don't want anyone to rock the boat. It is not whining when facts are stated. I have stated many times I believe there is value here, such as mill and NOLs. However, I don't see any changes from past few years when they did multiple PPs to keep their paycheck so coming. The fact that they continue to lose money after paying off loan and price of gold in Canada blows me away. You almost have to try to be that bad. As to Sprott, I am perplexed, but so far my respect for him is flagging. We will see what next report says, but as long as there are people pumping this I will try to be a voice of reason.
On another note, can we assume Wind is done selling and is out? Maybe the offer size will go down for once. Do you have an explanation for all the selling. POG is about same as when we traded higher so I am curious as to your take on all the sellers/selling. Anyway, good luck to you and I hope you are right about a buyout.
T
Well T ... I will say good job at getting your average cost down ... you are in a good spot now with Sprott paying up to 9.5 cents open market ... I will also say that you look like your entry point is now near the bottom ...you ask about all the selling...good question ... 8 cents ...who is buying this is also a good question? It is been held back and MM will decide now not the retail investor...most of them have been shaken out ...IMHO...you will see this get walked up again ...or bought out either way you now have a great entry point to escape from...IMHO.....good luck T .... Bob