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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
Comment by JRaffleson Jan 27, 2013 2:29pm
313 Views
Post# 20896357

RE: RE: Cash

RE: RE: Cash

Agreed that lack of cash generation is a drag of sp.

It is a matter of fact that the board do not have the background of bringing mining companies to production and had  a setback with Metanor in 2009. 

Therefore, when both of these drawbacks become history, the sp could rise faster than with a company with a market tested mine development background.

Bullboard Posts