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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 Mar 24, 2017 5:41pm
153 Views
Post# 26028770

re--gettin er done

re--gettin er doneIs it just me--------or does Sprott seem to be taking to our little producer MTO.  I'm pretty sharp---didnt' just fall off the turnip truck; I associate a Sprott executive being appointed to MTO's board as co-chair with Sprott feeling positive for the long haul.  But like I said maybe it's just me with my simple wishful thinking, my rose coloured glasses.    OK enough sarcasm. Sprott is all in.  Now to USD---will it go up or down after Trump's miserable failure to pass a Bill to replace Obamacare. On the one hand it denotes that Trump is not such a hot shot as he said in getting things done in Congress----so USD goes down.  On the other hand it can be said that Trump will now move on to Tax Reform, a major economic stiumuls, and USD goes up.  Gold as we know likes a weak USD.  My take is that USD goes up now that the way is cleared for debating Tax Reform, something that the Democrats might vote for if it's done right.  But------then the Bill gets bogged down as it will, that debate will be months and months, and USD goes down again as reality sets in.  But Trump will get the economy moving--Keystone, repatriating jobs and $billions of offshore money brough back with little or no penalty. Fed doesn't want to rock the boat too much--rate hikes not so much.  POG should hold it's own and MTO is going to be a steady growing concern.  Not to worry.  IMO
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