Metanor Resources MEAOD

RE:My post from just 2 days ago....

[mstettler]

fruitvale3067 wrote:

Fruitvale wrote: Golfspinner, Yes I agree many gold and silver stocks have dipped since the article. However their have been buyouts of mining companies since that article also. You see them every week. My point was none of those companies in the article has been bought out and everyone of the share prices was lower. Was anything I said wrong? I'll go one step further, the article also mentioned the next game changer called Moroy. Well we all now how that story ended. Funny no one mentioned that in the article. Nothing like building up investor confidence then pulling the rug out. 

The Barry permit issue and mill expansion is no different. FIrst management talks about restarting Barry and expanding the mill for 4 months in early 2016. Then in July they mention that Barry doesn't have all it's permits. Not a word or update since on either. Again, nothing like building up the confidence of investors then pulling the rug out from under you, Again and Again. Then you guy's give management a pass and jump all over me and others every time we bring it up. Instead of paying someone to put out promo pieces how about giving shareholders a simple Barry permit and mill expansion update. Where are they in the process and when do they expect it to be completed. Companies do it all the time? And don't give me this call the company bullshaloney either.

As for EGI is was a management update on splitting off the companies assets to increase shareholder value that got things rolling. They even performed a PP to help pay for the company spinoff and the stock still responded positively. It just so happed a lot of big players were involved with the PP.

Does that story sound familar? Hint: Sprott buying shares of MTO 10 months ago. I'm in the same shoes Pdcon and Bob was is then. They had a bunch of shares they purchased low and the stock started to move when Sprott and Team Europe started to buy. The differance between me and them is I'm not going to come on these boards and say the stock is worth $5 or $10 dollars or get bought out buy June for $20 or convince people to buy. Are there issues with EGI, you bet, I said it before it's called Mongolia and I'm willing to admit and discuss the issues. The same can be said for the EGI investors on the Investor Village website message board. They're willing to discuss and admit the company issues both good and bad. If you think they're happy with management just go read some posts. They're holding management feet to the fire even with this rise in share price. Not the case here, if your not drinking the cool-aid it's either sell your shares or leave the message board. I can't believe you guys keep giving management a pass everytime they pull the rug out from under you. They did it with Barry being fully permitted, they did it with Moroy, they did it with mill expansion, and they did it with the resource update and you continue to give them a pass.

Can a buyout occur, yes, you bet, anything can happen. Good for you an everyone who is in if it does. I just don't see it, at least not at this moment in time and certainly not for .60. As for EGI I think I'll just be humble and hope things continue in it's current direction. If they pull the rugout from under me I'm out. 

And now we (well you) get a share consilidation and (according to the lastest presentation in Vancouver) Barry is pushed back to 2018. See reference to pulling the rug out form under you above, rinse and repeat.

Fruitvale, can you provide a link to the presentation?

I said it in sep when they released the PEA and again recently - there was no way that they were going to get a full FS and startup of barry by summer.