OTCPK:MEAOD - Post by User
Comment by
u2bobon Jul 05, 2016 10:38am
133 Views
Post# 25022976
RE:RE:RE:RE:RE:RE:RE:An analysis of the Sector Capital Management update.
RE:RE:RE:RE:RE:RE:RE:An analysis of the Sector Capital Management update.fruitvale3067 wrote: There are several reasons this stock is not running, many mentioned by PMInvestor and Lite. Other reason is 520,000,000 fully diluted shares out. How are you going to get much momentum going with that many shares out. You can call it manipulation but I don't think so. Think of it this way, if MTO traded 5 million shares a day it would represent .0096% of the outstanding shares. As it is your lucky if it trades 2 million which comes to .0038%. Now with the track record of this company over the past 3 years and still no positive earnings reports do you think most of those shares are looking to buy to make a killing or selling when they have the chance.
Can I find you another producer that's at 8 cents. No, I thought I had one but they are no longer producing. The company Rubicon Minerals. Plus they have 400,000,000 shares.
As for exploration companies who's share price has been rewarded. Well maybe it's because they have some proven reserves. I track two exploration companies, one I'm currently invested in, the other I have traded for profit. One company is NovaGold which is sitting on a 30 million ounce gold reserve and the one I've traded for a profit. The second is Entree Gold which I currently own stock. The good news is Entree's share priice has appreaciated but not as much as the rest of the sector. Entree has partial ownership on land surrounding the world class Oyu Tolgi Copper/Gold project. As a matter of fact some of the highest grades on the project is on there land. They also own a very good copper deposit (Ann Mason) in Nevada. If Entree doesn't get bought out for it's Oyu Tolgi property then they will begin to see revenues in approximately 2020. I know it's still some time off but it has some unbelievable grades on that property and Rio Tinto and Turquoise Hill have begun developement of the underground mine. I'm still not fully invested as I like with Entree and I'm hoping to get more as I sell my MTO. The good news is I think I have some time which allows MTO to get there act together enough to get a higher share price. I hope.
First off living in the past...you say no profits in 3 years fine ...and now you have posted next 3 to 4 Q SHOULD BE PROFITABLE...So you sell now ...lol !
Second you cant find a gold producer for 8 cents...awesome the best you can come up with is a company that had 400 million shares and is out of buisness ....hmmmm ...profit grasshopper and gold bars !
Also Entree well good luck ...just what the world needs more copper from Mongolia....and last but not least you bash your own stock MTO so you can buy more Entree....that makes sense I think you made a mistake when you sold some of your MTO and the the Barry report came out stating at least 10 years worth at 2 PLUS grams per ton at Barry for 30 to 35 thousand ounces open pit for an 8 cent stock with 431 million shares... will show a decent profit going forward ...I hope you get what youwant and deserve ...and please dont bother to respond ...Im done with all your bashing...lol
Good luck
Bob