OTCPK:MEAOD - Post by User
Comment by
fruitvale3067on Apr 26, 2016 9:54am
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Post# 24809783
RE:RE:RE:What has changed ?
RE:RE:RE:What has changed ?I know one thing I would like to see change.....profitable quarterly financials, because none of that other stuff you mentioned matters if they can't get it out of the ground and process it for a profit.
<Drop to 4 cents again and I will buy a lot more so the sooner the better.>
PDcon, if the shareprice drops to 4 cents again it's probably over for Metanor. They won't have any $$$ in the bank, and investors will throw in the towel on this one. They are short on time as it is and they need to start turning a profit... Quickly!!!. As you said the price of gold has risen, gas to run equipment has fallen, and gold grades are supposedly increasing. If this company cannot turn a profit now I'm afraid you would be wasting hard earned $$$ buying more.
The most valuable lesson I ever learned when gambling is "Never chase a bad bet or loosing trend". Best thing to do is recognize it and walk away. I can't tell you how many times I've seen people sit there and loose 10 hands in a row then start doubling and tripling down bets to try and make up the loss thinking it's time a winning hand or two will show. Before you know it they have dug their own graves. The goal of this game is to minimize losses during a loosing streak and maximize gains during a winning streak. The last time I've looked Metanor has had a couple winning hands lately but it's clearly not a trend. The way I see it if Metanor is a blackjack player at a $5 table they are down to there last $20 and they need a winning streak bad. The next 4 hands (quarters) will determine the outcome.