OTCPK:MEAOD - Post by User
Post by
wind00on Mar 13, 2015 4:37pm
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Post# 23519533
all info is in the last NR... please read line by line
all info is in the last NR... please read line by line "This new structure is located directly beside the limit of the high power inversed polarisation (HP IP) geophysical survey completed in the fall 2014. The presence of the tailing pond prevented the full coverage of the area with the geophysical survey. However, a HP IP trend is located 400 m east of the corridor identified by the 4 holes. No hole has been drilled between the new gold corridor and the geophysical conductor.
Metanor plans to concentrate it next surface exploration activities in this sector which present the best discovery potential on the Bachelor Property."
they say it is from 2014 survey and HP IP
one should not read anything different into it, then what is is. MTO will continue and find more resources there, imo.
I believe some debenture holders are royally p*ssed - they have to wait 2 more years now to get paid. I wouldn't be surprised to see some of them short the stock hoping to pick up unlimited amounts of shares at close to nothing.
if sellers continue, there is nothing anybody can do. retail should not talk the stock down. we just damage ourselves.
the financing has to happen....... better at 6 - 5 cents, then lower. it will give us time and hopefully gold will turn.
the debenture holders are in charge here.
FWIW
- Read more at https://www.stockhouse.com/companies/bullboard/v.mto/metanor-resources-inc#4weyCkw4OyZBsGs1.99