OTCPK:MEAOD - Post by User
Post by
psych01on Jun 06, 2018 4:12pm
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Post# 28134969
re--RE:RE:RE:RE:Peak Gold will propel MTO Higher...
re--RE:RE:RE:RE:Peak Gold will propel MTO Higher...Stew---I sold before the rollback 'n made a few quid. Anyway, this is your social outlet, and that's ok darn it. But don't you have to give the general populace little more credit? Have you never contemplated that perhaps the others are right and that you are so invested emotionally, married as they say, to this little miner that glaring truths that are right in front of you are occluded by your exhuberant view. There is a glaring truth---the Bachelor mill as it stands, All In Sustaining Costs being what they are, is never going to be profitable enough; it doesn't matter if a new contiguous source or ore is reached if it can't be processed at a profit. The operation needs to be at least doubled, and that includes a vast array of things from the local politics, roads, machinery, electrical, tailings and you name it---a hundred unforseens. The plant would have to be closed down to do the upgrade and rumour has it that these things cost money PPzzzz, not PP. But you won't even take a shot at the price and as I say you like social ineraction and your mentor just likes to fight. As I said before, better to view MTO as a junior explorer on the verge of building a mill because decent resource exists and acquistions, mergers and a buyout are not out of the question. IMO