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Silver Range Resources: A hidden gem in the mining industry (click to learn more)
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Metanor Resources MEAOD

Metals & Mining Gold Industrial Metals & Minerals
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

Metanor Resources > 4 cents on CX2
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Comment by tsoprano1on Sep 15, 2015 8:44pm
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Post# 24107085

RE:RE:RE:RE:RE:RE:RE:RE:RE:RE:4 cents on CX2

RE:RE:RE:RE:RE:RE:RE:RE:RE:RE:4 cents on CX2Unfortunately, you apparently don't understand finance. I don't believe 6mil+ in debt is swimming in debt. Not to mention they got by paying the now paid off loan, so buying back some stock isn't using any additional funds. They can always use a portion to pay down debt, but to go out and buy more land or another company is a waste. Buying their own stock is the same as buying another company that is worth .12 for .05. No doubt that would look good to some but it is the same as buying Metanor stock. I am fine with agreeing to disagree and let the management team figure it out. 

T
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