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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

Bullboard Posts
Post by greeneggson Oct 08, 2009 12:06pm
490 Views
Post# 16373672

I also smell upcoming dillution.

I also smell upcoming dillution.Time and time I've seen it. When these little microcap get a jump in shareprice, add on to the fact that the sector is hot and investment firms that were ignoring them 6 months ago are knocking on their door, they take the money and run, along with piggy back half warrants of course.
I am long, not short, and jumped about in the 40-50 cent range. I am looking to add, but don't want to get a kick in the nads with a sudden offering of 30 million shares and 15 mill piggy back warranges to raise 20 million dollars for GENERAL CORPORATE PURPOSES.
Any usefull feedback will be appreciated
Bullboard Posts