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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 hardasseton Apr 04, 2016 11:13am
203 Views
Post# 24727694

RE:RE:RE:First Impressions...

RE:RE:RE:First Impressions...
Matagami wrote: "Just my opinion: it seems that Metanor is negotiating something with somebody."

Just my opinion but, considering the activity taking place around Bachelor, Barry, and the possibilities at Moroy, I think there are a lot of people that MTO is talking to all the time. Add to that the fact that they have the only mill in the vicinity.

I don't know how much flexibility they have in releasing drilling results. They must have some but sooner rather than later they will have to release the results. If they don't do it soon the results will leak out which, I think, is contrary to securities regulations.

There has been no news for weeks. Spot gold price is marking time, muddling along. And yet MTO is trading at a fairly high level. There is obviously something going on that is not public knowledge. News will come out. Soon.

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