OTCPK:MEAOD - Post by User
Comment by
goldhappyon Sep 20, 2017 8:24pm
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Post# 26723172
RE:Shut down the speculation
RE:Shut down the speculation....aisc about $1000 an oz....is that before or after the recent royalty agreement? With the 20% royalty eventually dropping to 1.8% it will lower costs per oz from the Bachelor area production.
Add in increased tonnage to an expanded mill.
Gold price continues ever higher.
The exploration drilling is extending mine life.
Deeper ore zones should/can give higher gold assays.
No debt. Plenty of available funding
15 holes drilled to date at Moss to report soon
Attractive gold bearing shears zones at Barry
Likely both underground and surface mining to gear up
Low number of outstanding shares
Experienced management and workforce
Many gold targets along the regional structure
Tony from KL seems quite interested in owning and operating what they invest into