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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 pdcon1on Feb 29, 2016 9:03am
136 Views
Post# 24604564

RE:The two biggest problems with MTO

RE:The two biggest problems with MTO
mto is starting  to understand what they have now  and 420 million shares is not a lot of shares for a gold produver  with one mine  that will eventually be 3 fronts  bachelor  and hewfran  moroy  and 100% barry. with minimal capital  for the last two . They will not need a consolidation if anything  they would be paying future dividends or buy back some shares with the price of gold escalating. Todays  book value should be around 21 cents , jmo  and it will progress  higher as gold climbs.
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