Silicon Investor (SI) -- The First Internet Community

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

Gold/Mining/Energy : Gold and Silver Juniors, Mid-tiers and Producers -- Ignore unavailable to you. Want to Upgrade?

To: AlphaRomero who wrote (64760)	4/11/2009 11:34:12 AM
From: niceguy767	Respond to of 78408

Thanks for the post. My interest in MTO precipitated when they began pouring gold and began projecting 30,000 ounces in the ensuing 12 months (i.e. by year ending Sept. 30/09) and 60,000 ounces plus by the end of Sept/10. That MTO has no LTD (i.e. been able to raise cash via new offerings) is a major plus factor for me. I'm accumulating over the near term and plan to hang in as long as 70,000 ounce production rate remains viable for July/10. In the next year, I hope to see MTO become increasingly profitable with each passing quarter and also hope to hear some good assay news. Lots of upside before July/10 if POG remains fairly firm, increasing profitability is demonstrated and good assays are posted,especially if the July/10 production target remains in tact. As mentioned earlier, I am accumulating MDN as well, as there story in terms of production and profitability potential is similar to MTO's.