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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 longshot52on Sep 25, 2016 2:10pm
123 Views
Post# 25275780

RE:Wonderful transparent Company

RE:Wonderful transparent CompanyNOT !! Takes 4 months to publish the June quarter results.  Leaving shareholders in the dark.

Most companies report their quarter results within a month or so, the only reason to take 4 months is that the quarter was not as hoped for.

MTO) is pleased to publish the financial statements for the fourth quarter (Q4) and those of the year ending 30 June 2015

If they they were so pleased then why are they not posted "very proud" on their website? Well it could be because their Gross Profit for the year was a loss of $1,332,257 and that their net loss and comprehensive loss was $6,264,748 andt hat frankly just just plain embarassing.

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