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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 > Seems like it should be a buy
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Post by mtvrdon on Feb 09, 2017 10:59am

Seems like it should be a buy

The revenue stream is nice to have and affords lots of flexibility.  

This one seems like it should be a clear buy compared to exploration companies with no income and less going for them.   However, the number of shares out there speaks to some "history" here and I am guessing this thing is kind of stuck based on that.

Thinking of buying anyway, especially if it dips.  

No rollbacks in the works right now, right?   Guessing there will be eventually, but it seems like there is lots of upside potential before that happens.
Comment by goldminer01 on Feb 09, 2017 11:10am
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Comment by ilovetojumpem1 on Feb 09, 2017 11:29am
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Comment by mtvrdon on Feb 09, 2017 11:31am
Thanks a lot for the thoughts.   I definitely agree they need the SP to go higher before developing Barry.   That should be achievable even without the most "impassioned" management team.   Your areas of focus definitely seem like the right ones and hopefully management agrees.   There are a lot of shares out but many companies go quite a ways further than ...more  
Comment by ilovetojumpem1 on Feb 09, 2017 11:39am
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Comment by mtvrdon on Feb 09, 2017 1:20pm
Thanks... I had missed the roll.   I have been reading their financials and such first.   March 20 they vote on it then... hmmm. I think getting in at this price, even with the roll, this could turn out well.   They have the revenue stream which many explorers don't and in the end that should make them a decent buy from these kind of levels.   The rollback will ultimately ...more  
Comment by ilovetojumpem1 on Feb 09, 2017 1:51pm
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Comment by mstettler on Feb 09, 2017 3:48pm
No.  As late as may of last year you were still bashing the stock so you are hardly in a position to criticize other people for changing thier opinion.   Besides, that is what markets are about.  If you are not flexible you will get flattened.
Comment by ilovetojumpem1 on Feb 09, 2017 4:02pm
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Comment by mstettler on Feb 09, 2017 10:39pm
Once again you are full of sit.  Find one post, just one - anybody - where I was pumping the stock ever.  While you are at it find find one post - any post at all - where I said that the share price was going into the tank as you have recently accused me of. Just another example of how you twist the truth. This is plain for anyone to see if they make even a small effort.  No more ...more  
Comment by goldminer01 on Feb 09, 2017 11:51am
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Comment by ilovetojumpem1 on Feb 09, 2017 12:01pm
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