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Metanor Resources MEAOD

Metanor Resources Inc is engaged in the production and sale of gold as well as acquisition, exploration, and development of mining properties. It projects include the Moroy Project and Barry project among others.


OTCPK:MEAOD - Post by User

Bullboard Posts
Comment by btrevorbon May 25, 2013 1:34am
112 Views
Post# 21440602

RE: RE: RE: please answer

RE: RE: RE: please answer

It's because they have promised cash flow positive for years but have never acheived.

Nobody wants a money loser no matter what it;s "value" is.

Their market cap is so low vs their peers on the same level.  

Maybe because their peers don't chornically over promise and under acheive?  You may have found the sweet spot and the company will be cash positive suddenly but many have been waiting for years and it just never happens no matter how many times they say it will.  Counting about 7 times now.

Like a 1967 Jag with a blown motor, it looks pretty but will not get you to work to earn your money.

Bullboard Posts