Join today and have your say! It’s FREE!

Become a member today, It's free!

We will not release or resell your information to third parties without your permission.
Please Try Again
{{ error }}
By providing my email, I consent to receiving investment related electronic messages from Stockhouse.

or

Sign In

Please Try Again
{{ error }}
Password Hint : {{passwordHint}}
Forgot Password?

or

Please Try Again {{ error }}

Send my password

SUCCESS
An email was sent with password retrieval instructions. Please go to the link in the email message to retrieve your password.

Become a member today, It's free!

We will not release or resell your information to third parties without your permission.

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 fruitvale3067on Oct 25, 2016 2:12pm
74 Views
Post# 25383667

RE:RE:question...

RE:RE:question...
Pdcon wrote: there will be a takeover of mto mainly for the barry property , and all this negative talk about mto has something to do with the takeover. the price of gold now should place mto in the profit margin as they also have 5 million oz of gold in the bank. By nov fourth mto should make a nice gain  when the pea is released . time to load up. as mto has losses from other years to offset  taxes going forward


Pdcon, who says there will be a takeover, You. That has yet to be determined. Most of the negativity as you call it has centered around numerous topics concerning MTO. Actually the only positive issue the bulls have been pushing is a buyout because that's about the only positive left. 

As for the price of gold and profit margin, well that's not a given either, especially with production already falling from Hewfran. Also i'm not so sure MTO has 5 millionworth of gold in the bank anymore. It looks like they may have dipped into this to make the quarter and year end financials look better.

As for MTO making a nice gain when the PEA is released, well nothing to this point has helped, why should this.

<< Previous
Bullboard Posts
Next >>