OTCPK:MEAOD - Post by User
Post by
psych01on Jan 24, 2017 9:13am
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Post# 25745645
re--share consolidation
re--share consolidationIf this was a junior explorer we're toast. As a producer showing improvement by at least a few metrics--proven resource, drilling on Osisko's doorstep, good mill with ability ot increase capacity, etc. there's still hope as you say for no SC--I think they're going for a 5:1 . The usual course of events is that the SP gradually sinks. We're not exactly grasping at straws but only slightly better prospects. Obviously they need money--the SC is mainly for that. I was hoping for a buyout but maybe the best we'll get here is a tax write off. Still hope though. We'll see. IMO