OTCPK:MEAOD - Post by User
Comment by
mstettleron Oct 24, 2016 3:51pm
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Post# 25379619
RE:I'm with ya Jump
RE:I'm with ya Jumppokinfun wrote: Its always darkest just before dawn,, to many great things in the mix to "JUMP" ship now (pun intended :)) on MTO.. Gr8 properties, a known producer working to lower costs and stated production of approx. 30,000 ounces moving forward,,large committed group of shareholders that support the company.. IF gold does continue to move higher (which everyone agrees on) then MTO is well worth the RISK/REWARD at this point in time...
So far management has only been able to raise costs and lower production... quarter after quarter. Now they are actually forcasting production to fall at bachelor until barry comes online. At that point production falls further to 21K oz per year.