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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

Post by brandy2000on Feb 15, 2017 8:37am
127 Views
Post# 25847692

MTO is severely undervalued and manipulated

MTO is severely undervalued and manipulated So MTO is often compared to HRT as it was yesterday. MTO as a market cap of 28 million versus HRT at 155 million............ MTO and HRT both have more than 400 million shares outstanding.........MTO is a producer with up to 36,000 ounces produced in 2017 and revenues now approaching 60 million. HRT currently has zero revenues and is operating on a bulk sample basis only.  MTO has its own angel investor in the form of a dark spot, HRT as it's own angel investor in the form of Appian. MCL has cash flow HRT has cash. MTO has a mill valued at nearly $150 million HRT has no mill and uses Barricks located 100 Km away.  MTO will truck to Bachelor. HRT will also truck to Barracks mill so both are similar in aspect.  All in cash cost to produce an ounce or similar for both companies. MTO currently has more resources in the ground in the preferred and indicate category. MTO has a very valuable property at Moss right next to Windfall that has huge resources with several players clamouring for all available drills in the area. MTO also has Bachelor Now a proverbial stand alone profitable mine. HRT has nothing similar.  Both companies have several drills running at the moment and I expected to release soon updated resource estimates for at least one property. 
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