Metanor Resources MEAOD

RE:RE:RE:RE:Very serious accusation

[mstettler]

fruitvale3067 wrote: Pdcon, you just never learn. The POG broke thru support today and is headed lower, Looking at a chart it looks like it could loose another $70 before hitting the next major support level. The POG is right what MTO can produce an ounce for (according to the last financial report). Even you and bob must admit this could get a lot worse in the coming days and weeks if this trend continues. The plain simple truth (and you can call it bashing if you want, but all of it is factual) is It's cost too much for MTO to produce an ounce of gold at Bachelor Lake. They have little money in the bank. They have 9 million in convertable debt coming due, they need to get the necessary mining permits to mine Barry. They need 8 million to get Barry up and running, they have 438,000,000 shares outstanding, and the price of gold is falling.   

You can blame the Russians, me, Mstettler, traders, MM's or the pope for alI I care. This company cannot execute even on a semi consistant basis. It's just that simple.   

Don't spend too much time debating a fool; it only makes us look foolish.

This could be a bear trap.  It is common for equities or commodities to break through support and trigger sell stops sitting just below the market only to reverse to the upside.

I'm watching strong buying coming into select juniors at the moment though it is not reflected on the GDXJ and many others look very weak.

GPR, P, MND, KNT, OGC, TMM are showing a strong bottoming chart pattern at the moment but this may not hold into the close.

I don't have a market bias.  I just call it as I see it.