Post by
renoman1960 on Jan 13, 2017 2:01pm
At least .30 cents for a buy out
The way I see it is .12 cents mill, 10 cents for land,gold in ground,permits etc and 8 cents for tax losses,good will and a functioning company instead of a 2 yr wait time.
I keep buying at these low prices and by summer hopefully it pays off
Good luck
Comment by
JRaffles on Jan 13, 2017 3:05pm
The MTO segment vvalues that are provided seem to be reasonable. However, there is a $7m debenture liability which matures in 8 months. Although the debenture liability may only amount to about 2c per share, not payment on the due date could be a defult issue, with potentially draconain consequences for shareholders.
Comment by
renoman1960 on Jan 13, 2017 3:19pm
With cash on hand gold reserve future gold production future gold price and Sprott in our corner 7 million no big deal so I say buy buy buy
Comment by
pdcon1 on Jan 13, 2017 3:39pm
mto has gold oz stored at the mint
Comment by
trebuh16 on Jan 13, 2017 5:07pm
What do you mean? If so, How Many? Please advise. Thanks.
Comment by
trebuh16 on Jan 13, 2017 5:15pm
What do you mean? If so, How Many? Please advise. Thanks.
Comment by
pdcon1 on Jan 14, 2017 7:34am
truth mto had over 5000 oz gold in storage could be more now , thats leverage on debenture or collaterol . good things are coming here very soon with mto would drop to 4 cents again to load up more
Comment by
romara on Jan 14, 2017 9:29am
Sprott.....you mentioned Sprott.....he is in his own corner looking after himself only..... Richard
Comment by
goldminer01 on Jan 14, 2017 12:22pm
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Comment by
goldminer01 on Jan 13, 2017 4:23pm
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Comment by
fruitvale3067 on Jan 13, 2017 8:31pm
Goldminer, the debenture has already been extended once. It will be very interesting to see how this plays out as August get near.
Comment by
goldminer01 on Jan 13, 2017 4:20pm
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