OTCPK:MEAOD - Post by User
Comment by
u2bobon Sep 22, 2016 3:26pm
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Post# 25267125
RE:RE:RE:RE:RE:Get ready for more dilution
RE:RE:RE:RE:RE:Get ready for more dilutionPMInvestor08 wrote: Osisko is the answer. I can't understand why they have not moved yet. They could buy the mill at depreciated value of $45-50M and essentially get the Barry pit for less than $10 per ounce in the "shallow" ground.
The alternative for Osisko is 5 years for any revenue. They are too big to keep drilling away their funds. They need to make a stronger move toward actual production... even if it somewhat temporary (3-5 years). Windfall is getting mature and is a huge winner of a deposit.
I think they are just waiting for us to drill and see....from what I have heard SOUART PROPERTY has gone well so once they do a little more drilling at Windfall and us at Barry we may have our answer remember every day that goes by there stock price has been moving up MM doing a good job ...SO WHEN THEY DO STRIKE NEXT it will be a stock swap even if its not us next sooner or later they will be coming OSK ROYALTIES NEEDS THEM TO BECOME A PRODUCER SOON ...NOT IN 5 YEARS !