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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

Comment by tsoprano1on Oct 24, 2015 10:15am
83 Views
Post# 24223435

RE:RE:RE:HOW NEXT WEEK WILL PLAY OUT

RE:RE:RE:HOW NEXT WEEK WILL PLAY OUTThe fact we closed at .05 is good. Not really out of range we were in last week, which basically was .05-.06. Very important was the fact buyers were there to take, what, 5-7 million shares in a short span? If this was the last of the PP shares getting blown out we should see softer offers going forward and a return to a more normal trading pattern. I will be interested in seeing those quotes to see the size on each side. If the offer is still 3mil plus, then I am out of excuses. But, as has been pointed out, we have cash, bars and what should be a good spread between our selling price and all in costs. 
As to lack of reports recently, I was thinking the company didn't do a Report on total gold to keep it a secret from those that might see this as an opportunity to steal us cheap. It would be in all shareholders interest if price moves up before we let the cat out of the bag on how well stocked we are, not to mention cost may have been a factor. Not sure what that type of report runs, but why not wait till things are paid off and we have excess cash before springing for it. Just a guess.

T
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