OTCPK:MEAOD - Post by User
Comment by
trivelaon May 28, 2015 12:32pm
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Post# 23774408
RE:One billion dollars question
RE:One billion dollars question
Matagami,
I' ve following Metanor for only a few months, but I would think that they kind of outsource their IR to the Sector Newswire people.The logic of what they are doing and why, I think it is clearly explained in those write-ups.
The geology at Bachelor is fairly complex, and I think one should expect more lousy quarters, like the December one, and some very good ones, like the current one, for which the company already gave some bullish guidance (see the April 13 press release by Metanor: "for the current quarter ending June 30, management expects higher grades ...than those ... in the last 6 months" .
In the meantime, they are paying down debt and advancing their geological knowledge of the Bachelor/Hewfran properties - which used to have different owners - also with an eye on advancing Barry or another property.
So this is about execution, and any additional IR efforts won't change that.