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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 Geodan2on Oct 30, 2015 12:18pm
135 Views
Post# 24243705

RE:RE:Balance Sheet, they had the cash, did not need it

RE:RE:Balance Sheet, they had the cash, did not need itRambler, can think of two good Buyers, CLGRF and PPP.  Both in Canada and very profitible. However want the Surprise Vein proved out as despite this PP the stock will skyrocket if they have lets say a 16 meter wide 9 gram vein 600 meters deep and 700 meters long, or equivalent gold, which is possible.  It could go to .30 or something big, then maybe be bought out.

Now understand frusttration here.  This PP was unnecessary especially since the are on edge of 5 bagging the stock with just a few more weeks of drilling.

Cheers
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