OTCPK:MEAOD - Post by User
Post by
psych01on Jan 02, 2018 10:27am
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Post# 27260893
re--RE:Happy New Year
re--RE:Happy New Yearlvtjumpem--we bestow upon you a Prosperous New Year. You got married to a stock, happens to the best of us. Sometimes it's best just to part ways, take some time to contemplate the future, relax.
You deserve it. We don't look for good things about MTO and then criticize--we stopped doing that long ago, obviously. We like the area aspect, but a cadre of headwinds glare back at the informed investor, especially the ore supply for Bachelor which is complicated and costly to say the least. Barry seemingly will not ship any ore to Bachelor for at least two years according to progress reports. Finding positives is as you say, a challenge. The area play remains, a buyout remains although less likely, and investment by insiders has to be seen as encouraging. Good news could be pending--but it will probably be drill results which have no direct effect on cash flows, which will remain small to neutral until the NSR change with Sandstorm takes effect. As you say correctly, this is a long term play. IMO