Post by
Jim123 on Feb 26, 2016 8:08pm
Earnings
If you factor out depreciation and depletion cost and the cost of exploration drilling we broke even.We just need 6 plus grams per tonne to make a profit.Money at the end of December will cover maybe 35000 metres of drilling .I don't remember seeing a lot of results on 18000 metres drilled last quarter.
Comment by
LiTeOn1981 on Feb 26, 2016 8:17pm
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Comment by
wind00e on Feb 26, 2016 8:29pm
LiTe... give them enough time. MTO will give us drill results soon. with current price of gold and $exchange, the situation will be different going forward. if you believe in what you posted, better sell in a hurry at 7cents. I will not sell. GL
Comment by
wind00e on Feb 26, 2016 11:19pm
Jim, I agree with what you say. MTO will be fine, let's look ahead to the coming good drill results and the rising gold price. the market is all about the future. the market is starting to notice MTO. let unhappy shareholders sell and get shares into stronger hands. I will keep my shares. GL
Comment by
LiTeOn1981 on Feb 27, 2016 8:33am
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Comment by
MAZZMEX on Feb 27, 2016 12:28pm
Because the only money bleeding is shareholders money and MTO sure has proven time and time again that they do not care about that...Mazz..
Comment by
wind00e on Feb 27, 2016 12:44pm
MAZZ.... this is how juniors get funding. all juniors. risk and reward. should MTO hit big, we won't look back. anything can happen. none of you negative posters thought we would go to where we are now. you sold, so give it a rest..... or do you want us to feel sorry for you selling at 6c and not at 7?? geeezzzzz
Comment by
MAZZMEX on Feb 27, 2016 1:43pm
Obviously in my GLH example there was other factors that contributed to the onslaught in the SP but the downfall started there. Nevertheless I have presented my point here and I will not post again on the subject...Mazz..
Comment by
PMInvestor08 on Feb 29, 2016 10:14pm
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