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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 sagietjeon Mar 12, 2014 7:57am
179 Views
Post# 22311889

RE:Riddle me this?

RE:Riddle me this?Cashflow is not loss or profit.
You can have a loss and be cashflow positive. Or make a profit and be cashflow negative.

It is of course easy to make your case when you don't mention parts of the PR you're quoting.
Net Loss for the quarter of $410,174 which includes revenues and cost of sales for December and three months of expenses.
Read more at https://www.stockhouse.com/news/press-releases/2014/02/28/metanor-reports-its-financial-results-for-the-quarter-ending-december-31st-2013#L8lBZ6fVBYm8eoyf.99

Net Loss for the quarter of $410,174 which includes revenues and cost of sales for December and three months of expenses.
Net Loss for the quarter of $410,174 which includes revenues and cost of sales for December and three months of expenses.
Read more at https://www.stockhouse.com/news/press-releases/2014/02/28/metanor-reports-its-financial-results-for-the-quarter-ending-december-31st-2013#L8lBZ6fVBYm8eoyf.99

And it's actually been explained already.

https://www.stockhouse.com/news/press-releases/2014/02/28/metanor-resources-has-cash-cost-of-us-766-oz-gold-financial-results-for-its
Bullboard Posts