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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

Comment by ramblersreston Aug 07, 2015 1:08pm
127 Views
Post# 23998404

RE:RE:RE:RE:RE:RE:Metanor Intersects 10.2 g/t Over 13.1 Meters at Bachelor Min

RE:RE:RE:RE:RE:RE:Metanor Intersects 10.2 g/t Over 13.1 Meters at Bachelor Minpd has a good point as they are doing well by taking advantage of the currency ...working in Cdn and selling in USD that is improving the balance sheet ....these steller drill results are not moving the SP so why bother with a NI at least until the current drill program is completed ...POG can get weaker but the currency moves are compensating ....At the current rate of operations there is a possibility that MTO can accumulate equal cash on hand to outstanding debt within the year .....Better balance sheet remouves risk and increases chances of a buy out ...
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