OTCPK:MEAOD - Post by User
Comment by
mstettleron Aug 17, 2016 6:45pm
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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.