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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

Post by gatoroneon Jun 09, 2016 9:58am
85 Views
Post# 24950074

Same Old Story

Same Old StoryPrice of Gold goes up, MTO is Flat. Other mining stocks, who aren't even mining yet, have a much higher share price. Very bloated share structure, with probably more dilution ahead. Management which is slothfully slow to release news and respond to shareholder concerns (Where are the results of the annual meeting?) and which regularly overpromises and underperforms. The only reasons to hold this stock is for potential buyout and hope the buyout price is higher than what we paid for the stock OR future drilling results which are outstanding. No wonder very few have any interest  in this stock. I have begun to sell a little of my profitable positions in order to put the money somewhere else. Tired of waiting for more broken promises.
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