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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 > the reason why this stock is at 9 cents
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Comment by mstettleron Aug 17, 2016 6:19pm
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Post# 25152046

RE:the reason why this stock is at 9 cents

RE:the reason why this stock is at 9 cents
mrmarket1 wrote: no one knows !!!


Dissapointment over moroy, smaller resource, low production, high production costs, high long term liabilities.  They may not be able to repay the 7.5 million due in one year without a serious share dilution. Frustration with management.  Let me know if I forgot something.
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