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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 goldhappyon Jan 25, 2017 2:37pm
176 Views
Post# 25754284

Roll Back

Roll BackPerhaps running a 50 cent/share company with 400 million shares looks bad. I think a 50 cent/share company will look good with only 40 million shares. Keeps things clean investors may gain. A 5 cent share is not very exciting. On the other hand if share dilution starts it will will put some negativity on the shareholders. Overall I don't mind what is gonna happen mainly because it takes away financial stress from management. Did they not also indicate some cash positive conversation. Maybe the company gets bought out for the mill and resource and we are all winners in the end. I believe we have some pretty decent input from various sources and profit is coming our way. Otherwise I ask myself the question Why am I here? Thanks to the well informed knowledge and sharing the knowledge with some of us less informed.
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