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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 fruitvale3067on Mar 07, 2017 7:10pm
141 Views
Post# 25947546

Unbelievable.....

Unbelievable.....For the last year all we've heard is Sprott, Sprott, Sprott. Now he dumps a ton of shares. To Make things worse he's going to make a 6.5% off the top of the 11.5 million share issue and get 3% of the total warrants at a reduced rate just for issuing more shares and you goof balls think this is still good for the company?  No, it's good for Sprott.

This is the second time this has happened in the past 3-4 months. Everyone remember when they announced very early they producted a solid quarter as far as the number of ounces. The next day a insider dumped a bunch of shares.

Now it's happened again right after they announced a higher PP alotment. Nothing like generating some excitement then when volume picks up a major investor sells into it. But this time it was Sprott.
As I said before it's always something with these guys.
 
Can someone please tell me exactly when are things going to get better.

 


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