Metanor Resources MEAOD

Metals & Mining Gold Industrial Metals & Minerals

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

Metanor Resources > I'm definitely relieved that

<< Previous

Bullboard Posts

Next >>

Comment by u2bobon May 31, 2016 2:12pm

147 Views

Post# 24920047

RE:I'm definitely relieved that

goldminer01 wrote: while Q1 results were not that great, the stock price is holding. I do think because they did not mine more gold at higher expected grades that will put them in position to go out for a PP in the coming weeks to bring in more $$ for the drill campaigns. Having said that, if they PP at 7 cents vs 3 cents that is progress. Maybe, just 50M shares will hold them until production actually turns higher. Whenever that happens. Maybe Sprott even steps in again and buys most of the PP so it does not end up being dumped on the open market a few months later.

Thats right Sprott was buying at 9.5 cents open market ... so he could buy later at 7 cents ...that even makes me want tooooo....

Image result for stewie griffin stock market