OTCPK:MEAOD - Post by User
Comment by
fruitvale3067on Oct 25, 2016 3:53pm
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Post# 25384284
RE:RE:RE:MTO Potential Is Lare...
RE:RE:RE:MTO Potential Is Lare...Bob wrote: Price of gold is what makes Barry so attractive open pit ...which is where Osisko mining made all there cash... Windfall underground mining long long ways away for Osisko unless they make a move on MTO for her mill .. Best case for MTO would be have Osisko Royalties buy MTO and stream from SSL ...then put in place a 5% NSR on MTO properties sell to Osisko mining... Start open pit mining stockpile ore at the mill and or place a separator at the Barry property while expanding Windfall and Barry with miners working Bachelor and Hewfran....this would consolidate the area while keeping miners and competition out ...IMHO Otherwise we just keep plugging away drilling adding ounces to 43-101 ...and producing gold at the mill till we get Barray up and running or are bought out looks like gold prices are here to stay for awhile...worth 8 cents all day long at over 1700 Canadian...IMHO
Bob, again it has yet to be determined if they can mine Barry at a profit. Again MTO is not going to see the Stream to anyone. It good until the year 2052 according to the Annual Report. Again your really reaching with this post. Where do you come up with this stuff.