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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 7:36pm
177 Views
Post# 25744288

re--consolidation

re--consolidationIf  consolidation goes according to some I've seen it is not good to say the least.  We're probably going to see a selloff  in coming days.  But---there are a few good scenarios.  POG could get back to very decent levels in the World According to Trump.  We see it already.  The Fed threatens hikes, other economic data is pretty good but the USD suffers.  The world in general is a geopolitical mess, Trump just quit a trade deal and NAFTA is going to change---all is uncertain and gold wil be hoarded.  MTO might surprise as to production and cash; it's not totally gloom and doom just more probable than not,.  Also, post consolidation marketing/promotion might catch the eye of some who don't do the penny stocks and MTO, being a producer with good expansion prospects might be more appealing.   Just saying it's not over until it's over. I'm staying because I can use it for a loss --doing pretty good on the mid tiers NGD etc.  IMO
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