Metanor Resources MEAOD

Metals & Mining Gold Industrial Metals & Minerals

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.

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Metanor Resources

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Comment by Corcovadoon Dec 02, 2006 12:46am

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Post# 11791895

RE: no comments

bot_feeder Quote: No comments about the rise the last couple days? Well, we broke out above the 200 day moving average a couple of days ago. That's very positive. I had a good feeling about this one based on the chart. It was in a range for quite some time and it kept bouncing off 50 cents. Then factor in the underlying story with it's many positives, the last couple of news releases to solidify the direction, and we get a nice move. We could retrace a bit but then you never know with the low float. Maybe people are going to be stingy with their shares and we go higher yet! I'm all for that

This one seems under the radar a bit to me. I picked up all my shares over the last 5 months or so while it was in that 50 - 56 cent trading range. Now I'll just sit on them and see where we end up. I think this stock is one to just buy and hold.