OTCPK:MEAOD - Post by User
Comment by
tsoprano1on Oct 24, 2017 7:16pm
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Post# 26853419
RE:RE:MTO will be just fine going forward...
RE:RE:MTO will be just fine going forward...BD4u, the PP investors are not fools. On the contrary, they have mastered this investment form. They short at higher prices, then invest in the PP and wait for a fluff piece to be written where they can shed the rest of the stock at a small profit or break even. Of course, the neat part is that they get to keep the warrant, just in case gold is found. Now this has been going on for probably a decade. The investors have reaped huge rewards, while the shareholders, well, not so much. As one who watched in horror as PP after PP was done and finally got the hint, I simply am trying to warn others of what is happening. Now Sprott has only done two, so not as egregious as past management, but the game isn't over yet. Since they are unprofitable unless they do the financial shenanigans of holding back gold to sell later so as to show a profit, another PP should be coming soon. But, what do I know, I only been here 8 years.
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