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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

Post by psych01on Jan 23, 2017 1:39pm
158 Views
Post# 25742377

re--consolidation

re--consolidationGold--I was being sarcastic.  I know, you say that's not like me, but there you go.  I'm trying to cut down on it but it's hard after a lifetime of it.  Anyway, rollbacks usually suck.  Reading the entire NR I would say that they're putting the 10-1 ratio out there hoping shareholders will agree to 5-1.  They need more than 50% but they will achieve the rollback if they want it.  They will just outline what might be down the pike if they don't make things better for financiers.  It will happen.  Wonder if anyone has ever seen a rollback turn out to be a good thing.  I haven't  but I know some of you know a lot more than I do.  IMO
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