Join today and have your say! It’s FREE!

Become a member today, It's free!

We will not release or resell your information to third parties without your permission.
Please Try Again
{{ error }}
By providing my email, I consent to receiving investment related electronic messages from Stockhouse.

or

Sign In

Please Try Again
{{ error }}
Password Hint : {{passwordHint}}
Forgot Password?

or

Please Try Again {{ error }}

Send my password

SUCCESS
An email was sent with password retrieval instructions. Please go to the link in the email message to retrieve your password.

Become a member today, It's free!

We will not release or resell your information to third parties without your permission.
Quote  |  Bullboard  |  News  |  Opinion  |  Profile  |  Peers  |  Filings  |  Financials  |  Options  |  Price History  |  Ratios  |  Ownership  |  Insiders  |  Valuation

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 Mar 23, 2016 10:18pm
115 Views
Post# 24695884

conclusion

conclusion I have come to the conclusion  that sentiment and gold price is the biggest driver for a gold co  , once price valuation has been established  along with cash on hand  and positive financials .  So many gold producers share price have been beaten down the last few years  and to date many have not recovered fully  or partially  and mto fits in that catagory  until the recent .12 cent range  only to fall back  due to the time span of a few days  filling the gap.  Second driver is drill results like Moroy that we are waiting for  and third is a  take over target , but at what price .  When all three are met then we see  a decent valuation for mto  , but profits must come to play  and when that happens we get fair valuation for mto  a lot higher than .085 cents . Were getting there slowly  but we will get there . jmo  hold a lot of mto  , trade a bit . jmo
<< Previous
Bullboard Posts
Next >>