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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 larryscrooks180on Jul 26, 2017 3:31pm
144 Views
Post# 26512859

Gold is on the move.

Gold is on the move.

To paraphrase Peter  Lynch:

Price is the boat in the water. Value is the anchor dropped and sitting on the ocean floor. The  rope between anchor and boat are its volatility. The waves  are events. Gold is not volatile, its  rope is not long from boat to anchor. But Gold  is in a tiny, private ocean where some  kid can make waves any time he wants to  push the price as far away as he can from the value.

Investment means buying with money you do not need for a long period of time. Anything less than a 5 year time horizon is not an investment in a business, it is a speculation on a stock. Gold along with select gold stocks are a hedge for all  your investment risk and should be held.

Addendum, I was not pointing a finger at you fruitvale, though continual dissection of Metanor without laying your money down seems totally futile to me. Surely you have better places to be.
Congratulations on your trades or investments.
Quit working so hard to begrudge Metanor shareholders the same.





 


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