OTCPK:MEAOD - Post by User
Comment by
mstettleron Apr 13, 2017 1:13pm
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Post# 26119009
RE:RE:RE:A public thank you
RE:RE:RE:A public thank you fruitvale3067 wrote: Mstettler wrote:I for one am feeling much better about the prospects going forward now that Sprott has put ineptitude out to pasture.
I couldn't agree more Mstettler. Those two had too go, they were the worst management team in mining. Unfortunately they will probably get a nice buyout/retirement plan, however it is a step in the right direction.
Yes. Some time ago I stated three criteria that had to be met before I would look seriously at reinvesting in this company. Two have now been met. The replacement of management, resolving the debt overhang and a lower share price (that was back when the shares last traded at this level). I will wait to see how the share consolidation and the massive dilution effect the share price in the near future. Sprott clearly felt the need to place two of his associates on the board and remove the most senior management - effective immediately! Don't you think that management would have preferred to continue to ride the gravy train as they have done for years? Next on my list of criteria will be a PFS on Barry as the PEA that [former] management released was a complete joke. Mark my words - the PFS is going to be vastly different.