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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 sapiensunuson Sep 14, 2012 9:57am
287 Views
Post# 20362678

What Goes UP...

What Goes UP...

Maybe taking time to go to production is not a bad thing.

Let’s see… as long as The Bernanke and Draghi Printing Co. are in business… that will mean goodness for the markets in general. This is good for Gold, Precious Metals and then some. The theory is the longer you wait the more you will get per ounce.  Who knows… might even hit 3000/oz. All of us here would agree that MTO is trading below market value. If something hasn’t gone up it’s got little to fall. The broader market fear in this scenario is that oil goes up, up, UP!  Have you ever seen a bearing seize because of lack of grease? No pun intended. Remember what happened when oil got to 150? Screech! Stop the presses! Be prepared for this scenario because what goes up does come down. Keep a finger on the short button on the S&P, don’t be hasty… notwithstanding, the broader market is looking a little too good right now.

Bullboard Posts