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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 tsoprano1on Oct 23, 2016 12:36pm
77 Views
Post# 25375700

RE:Comments on financials

RE:Comments on financialsBoy, LiTe, did I dodge a bullet. No, I still have my position. But, when I first looked at Seeking Alpha headline I saw a $5mil profit. I started going over the apology in my head to the board for actually being wrong. I was happy to see profit because it meant stock price going up and a chance to lighten my load. Then I read the news release. Exactly as I had pictured it for past few months. $1600+ all in is so fantastically high I can't quite figure out how they do it. I imagine bloated salaries and bonuses is a start. I don't want to seem like I am bragging nor happy about this. It just comes from, as I have said before, being here for past few years and witnessing one of the poorest management teams and BODs on earth. I also will say that either Sprott has been selling and not reporting or he is a dunce. Since most of these guys are criminals at heart, my guess is he is mostly out again. Same as when he touted three years ago. And, yes, I believe they dipped into their stored gold to juice revs a bit. Monday should be a scream. 

T
ps now you see why a few of us have been urging cation. Not bashers, just trying to shed light on the pumpers bs.
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