Metanor Resources MEAOD

RE:RE:not sure what the issue is

[fruitvale3067]

PMInvestor, A couple things. First, on the recent post cncerning the short numbers, I see the outstanding shares has risen by 15,000,000 shares from the first of the year. 

Second, I agree these news releases of finding grades appear to be doing no good. I went back and looked to see how many of these releases they have done over the years. I came up with the following.

2014 = 5
2015 = 19
2016 =5 so far although it seems like more. 

So then the question needs to be asked why. I think it because of a lack of information. What you're getting is a grade and length of strike and the location via a map. However you don't get an estimate of ounces that can be mined, do you need to extend or build ramps, cost estimate to mine, how long do they think this discovery will produce ore. etc.. The gullible here see this release think the whole discovery is mineable, when in reality it maybe that only a portion is mineable (again not enough information). The deeper they go and the farther they get from the main lift shat the more it's going t cost to mine. For now the market is not buying it and only solid prolonged performance is going to turn this thing around. It will be interesting to see what happens after the quarterly report and what management has to say about many topics of concern. Everyone knows this should be a better report so it depends on the fine print. If management really wants to turn this thing around and attract big investors they are going to have to start coming clean on things and face the concerns of investors better than they have been.