OTCPK:MEAOD - Post by User
Post by
u2bobon Sep 22, 2016 3:40pm
104 Views
Post# 25267206
PEA FOR MTO...
PEA FOR MTO......the last statement on the PEA for MTO says...
The financial analysis using a price of gold of CAD$1,710, representing a 10% increase from the $1,560 used in the PEA would generate a NPV of $78.07 million with an IRR of 246% before taxes.
Read more at https://www.stockhouse.com/companies/bullboard#cUQA7hTtfvyGgWVi.99
We are trading around 1750 Cad...and 1800 really is not that far off...so 9 centsCanadian a share for a gold producer not bad... and anyone who invests in junior mining stocks and does not see the potential here really should not be in this game....great new today...later
Bob