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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 cambuson Jan 23, 2015 12:11pm
169 Views
Post# 23356265

RE:RE:RE:RE:They have to sell

RE:RE:RE:RE:They have to sellI think the main problem is that a shareholder has an enormous amount of shares that he has to sell.Until the main market becomes aware of how profitable MTO can be at these and hopefully higher prices this constant selling will keep the share price depressed.There is nothing to be done about it but be patient till either the forced selling is over or the profit situation is so obvious that enough buyers come to overwhelm the RRSP selling.Personally I had to sell some shares from an RRSP account although I dont hold enough to make a difference.It's just our bad luck that these particular shares are in an RRSP account.NB I dont have absolute proof of all this but am putting it together from information cleaned over the years.
Bullboard Posts