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Bullboard - Stock Discussion Forum 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 Discussion

Metanor Resources > One Big Seller Getting Impatient
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Post by venturestockpicks on Oct 23, 2015 3:06pm

One Big Seller Getting Impatient

No need to panic, all the selling done by one big seller, happens all the time on the venture exchange. This one will recover. Goldies are rocking today, we will be back over .05 in no time. glta
Comment by wiseinvestor123 on Oct 23, 2015 3:31pm
Your right...no need to panic at all...someone just dumped some stocks and created movement...and opportunity! Will be back at 0, 055$ in a day or two...
Comment by tsoprano1 on Oct 23, 2015 3:34pm
Only people panicing should be management and BOD. This all falls on them. I am starting to remember some of LiTe's comments on management and he is sounding smarter by the minute.  T
Comment by wind00 on Oct 23, 2015 3:36pm
this seems to always happen during last hr of trading, on a friday. maybe this is the final sell-off that we need. whoever is selling needed to dump. taking too long with limited interest @ 5-5.5cents how many more to go?????? buy if you have the funds!
Comment by rockyfan on Oct 23, 2015 3:40pm
I bet you the share will close at .05  even maybe .055
Comment by hardasset on Oct 23, 2015 3:41pm
I wish I could agree with you rocky. Bid and ask tell a different story.
Comment by rockyfan on Oct 23, 2015 4:01pm
Do i have to say you guys ..." told you"
Comment by Micanushi on Oct 23, 2015 4:06pm
You all don't get it. PP are really really bad for a company. Almost as bad as a rollback of shares. If there is 1 more PP, i will sell all at market, because this will never end. I don't even care anymore after 5 years of waiting and losing tons of money here. Complete waste of time and money and only left with hope, the hope that never comes. Micanushi
Comment by BIGMOUTH27 on Oct 23, 2015 4:09pm
This post has been removed in accordance with Community Policy
Comment by Jball1 on Oct 23, 2015 4:21pm
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Comment by Wolfin13 on Oct 23, 2015 4:11pm
No pp at this time.......................IMHO
Comment by tomgranite on Oct 23, 2015 4:33pm
Totally agree. Loan been paid off so why do a PP?
Comment by tsoprano1 on Oct 23, 2015 4:37pm
Only reason possible would be if management/BOD are crooks. I dealt with unethical group in API and now MAUXF is apparently being stolen from shareholders by management and BOD. At this point my faith in humanity is at a low point.  T
Comment by wind00 on Oct 23, 2015 4:39pm
tom... only if they intersected a massive new deposit that will cost several million$ to drill. then we could see a small PP. only then.
Comment by Jball1 on Oct 23, 2015 4:43pm
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Comment by wind00 on Oct 23, 2015 4:46pm
it would probably be a combination....... how lucky could we get? this is all premature speculation with no basis. relax!!!!!!!!
Comment by tomgranite on Oct 23, 2015 4:50pm
A PP for drilling at this point? No way. Use cash now to get some drill results in, if it is a new deposit then the SP will climb as each set of results come in. If need be (and I don't believe it will be the case), do the PP at much higher levels. It's not a PP that has caused this sell off.
Comment by pdcon1 on Oct 23, 2015 4:42pm
unless anonymous is in the know of something i would not worry. Seems they over extended themselves or a margin call  or found a better deal , they probably had to sell at market. They didnt want to go into the weekend loaded with mto shares and got cold feet  Monday will be another sell off  my order will be in for 4 cents.
Comment by BIGMOUTH27 on Oct 23, 2015 4:47pm
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Comment by wind00 on Oct 23, 2015 4:11pm
Mica... I know you don't want to hear it.......... but HANG IN THERE!!! in the meantime.... 4 or 5 cents.. it doesn't matter! relax! I am also tired of waiting. I started to buy at the same time you did.
Comment by BIGMOUTH27 on Oct 23, 2015 4:06pm
This post has been removed in accordance with Community Policy
Comment by tomgranite on Oct 23, 2015 3:42pm
I was thinking the same thing. How many shares have been sold through anonymous over the past few months. If it is not an insider, then who can it be?
Comment by Jball1 on Oct 23, 2015 3:45pm
This post has been removed in accordance with Community Policy
Comment by Micanushi on Oct 23, 2015 3:47pm
You guys are all dreaming. This is garbage. If there is another PP, everyone will exit, because you will never be able to sell later. Micanushi
Comment by tsoprano1 on Oct 23, 2015 3:47pm
Do they ever disclose who big shareholders are in their 10k or 10q's? Still begs the question of why sell if news is on way and why sell a profitable, underpriced stock? If it was a banker from PP that justwants his initial investment back plus tax credits and warrants, fine. But why be so aggressive.  T
Comment by rockyfan on Oct 23, 2015 3:54pm
Crazy to sell at .045
Comment by wind00 on Oct 23, 2015 4:04pm
not if you can trade millions of shares and make 10-20% algo programs at work. if there was a problem, we would trade at 2 cents! JMO
Comment by wind00 on Oct 23, 2015 3:55pm
the money junkies don't care. they don't use their own money and they can always buy back in. someone has an agenda, that's for sure. if we had bad news they would have sold during all of this week, not dump on us today. this is a deliberate take down. don't be surprised to see a 4c close at the last few min. I hope not, but it really doesn't matter. nothing has changed to ...more  
Comment by Micanushi on Oct 23, 2015 3:58pm
again, making excuses. there is no agenda. there is no buyout of the company. there is nothing. people buying huge and selling huge for 1 penny. that's it. and the cycle goes over and over and that's how you make money.\ not waiting around for 5 to 8 years. Micanushi
Comment by BIGMOUTH27 on Oct 23, 2015 4:04pm
This post has been removed in accordance with Community Policy
Comment by wiseinvestor123 on Oct 23, 2015 4:13pm
Your right...it's a good time to buy....it is clear that is a deliberate take dow ....end the they will grab a lot of shares....don't be stupid enough to sell at 5 or 6 cents....MTO value is at least 3 times that....patience is the key....company is on it's way to the top...
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