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Re: badog post# 19985

Thursday, 07/22/2010 6:41:13 AM

Thursday, July 22, 2010 6:41:13 AM

Post# of 36180
Well, at that time the management was sure the 43-101 would be out by the end of June. I am guessing it has to do with the delay. Maybe they want to drill a few more holes to have a bigger 43-101? The consultants probably can tell where to drill to get a bigger one. I don't know.
The main reason I liked MTO.v is the size of its deposit at Barry. I learned from many sources it will be a huge one. It could be comparable to EAS.v Miwah. Miwah is in Indonesia, and EAS owns 80% of it. MTO owns 100% of Barry, fully permitted, based in Quebec. EAS market cap is 500 million vs 70 million of MTO. That's where I saw the potential.
Of course, how do you get from point A to point B is the question. I don't like company dilute at the current level. EAS did a raise at 50c too, but the stock took off right after that.

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