Gold and Silver Juniors, Mid-tiers and Producers Message Board

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Gold/Mining/Energy : Gold and Silver Juniors, Mid-tiers and Producers

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To: niceguy767 who wrote (64759)	4/12/2009 11:05:40 AM
From: Postman	Read Replies (1) of 78408

I am not referring to MTO but in any situation when there is money to be made we can all get very creative about ways of grabbing some - I was invested in a technology company where management paid themselves top salaries for their type of business while constantly running at a loss- -Then they diluted the stock by 100% in order to keep that salary status quo- shareholders end up with a piece of crap stock price and a running loss of a company... A few of these circus acts makes you very skeptical indeed- MTO management can obviously get things done- -The dilution is a bit of a shocker however- What is their projected cost of producing an ounce of gold and can it be believed that they will meet it? I would consider investing if I thought they would produce at a profit because they are talking about $50 million per year in revenue if gold holds up in price-

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