OTCPK:MEAOD - Post by User
Comment by
gahdcon Aug 16, 2012 4:48pm
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Post# 20226740
RE: Back to 23 Sooner Than I Thought
RE: Back to 23 Sooner Than I Thought Tictac: "Metanor are expecting to release newsflow in first half of September I am informed."
If the above is reliable information, then there will be no big movement in this stock until Sept. news. We might as well all get a nice cool drink and find somewhere in the shade to sit and enjoy the remainder of August. On the macro front, however, gold has been resiliant and keeps bouncing back up around 1600 every time they try to swat it down. Besides MTO, Sept. has a lot of Euro crisis deadlines approaching that may trigger a gold rally. For example: 1) German court ruling to allow use of bailout funds for Greece and Spain, etc., 2) Greece needs to raise about 2 Bil funds to repay loans coming due, 3) Dutch elections (Dutch are losing patience for bailouts for others). These and other upcoming events will make September a very busy month for Euro crisis news.