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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 mstettleron Aug 17, 2016 6:45pm
86 Views
Post# 25152120

RE:RE:RE:RE:the reason why this stock is at 9 cents

RE:RE:RE:RE:the reason why this stock is at 9 cents
BASTILLEDAY4U wrote:
mstettler wrote:
BASTILLEDAY4U wrote:
I guess as long as Metanor is producing gold and putting the profits into turning the Barry property into Canada's number one open pit gold mine, share price is irrelevant if your in it for the long run.


Is barry going to be Canada's number one open pit mine?  Have you heard of malarctic or detour lake?

I didn't realize there are profits to reinvest?


Yes, I do know about Malartic and the class actions and the other bad things going on up there. That's what happens when investment bankers put on a show. And yes, Metanor has profits otherwise there would be no money explore and run a mill.


The exploration money came from a share offering which resulted in massive dilution.  They did not have the money otherwise.

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