Post by
psych01 on Apr 03, 2017 12:42pm
re--will it open at .95
Ten to one reverse is .095 X 10=.95. The short aspect is being overblown--not a big factor. Post consolidation SP will depend entirely on what MTO/Sprott puts out there in the NR. I totally agree that enough longs have stayed the course to mitigate any massive bailing. Have to admit there's some 'hoping I'm right about that' in there, but my sense is I'm right about the amount of shares in the hands of longs who will stay the course provided enough positives are announced. I woiuld prefer the company stretches out the good news for maximum effect if there's more than one positive. i.e. with the consolidation NR put out the profit if it's there. Let that settle, keep an eye on things. Few days later some postive exploration/drilling informtion. Sprott might be grooming MTO for sale but I lean toward them believing this baby could go---Barry and the region's synergies are under rated and add much more value to MTO than some think. IMO
Comment by
goldminer01 on Apr 03, 2017 1:06pm
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