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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 > KL AND WEXFORD BUY MORE MTO...SWEET
View:
Post by goldhappy on Dec 29, 2017 9:45am

KL AND WEXFORD BUY MORE MTO...SWEET

.https://www.bloomberg.com/press-releases/2017-12-28/metanor-completes-private-placements-raising-proceeds-of-approximately-11-4-million-jbr33nw6
Comment by tsoprano1 on Dec 29, 2017 9:53am
Did it mention if it covered their shorts? I have brought this up here before, but always ignored because, apparently the truth hurts. But, here goes again. First, look before every PP and you will see the stock price slowly move down. That is the people in the know selling/shorting at higher prices before they take cheaper stock from PP to replace those shares. Second, not sure if Canadian law is ...more  
Comment by brandy2000 on Dec 29, 2017 11:50am
What ever the insiders are doing really doesn’t tell the story of a stagnate share price. Indeed this maybe the time to enter and follow them for a bit. However Leading up to the spring pump we will most likely see some up arrows and some better production numbers. Then 4 months from today the restrictions come off and another dumping round begins. Don’t get sucked in again take some profits on ...more  
Comment by tsoprano1 on Dec 29, 2017 3:17pm
Brandy, take it from someone that has been around for many, many PPs here. Few hold on till restrictions come off. They short against the box. Another point brought up many times here. But, stock price is doing fine, so move along people, nothing to see here.  T
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