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Metanor Resources MEAOD

Metals & Mining Gold Industrial Metals & Minerals
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

Metanor Resources > Gold drop!
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Comment by hardasseton Sep 30, 2015 1:58pm
113 Views
Post# 24149961

RE:RE:RE:Gold drop!

RE:RE:RE:Gold drop!
I don't think we are immune from the effects of a drop in the price of gold, however, a small decline will not hurt this stock much.

There is something going on with this stock/company. Many months of positive drilling results and passing the 5 cent barrier have finally translated. There is no reason MTO shouldn't move up to at least the book value. What is the book value? I haven't seen an update of proven reserves in a long time. Is the book 20-30 cents?

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