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Metanor Resources MEAOD

Metals & Mining Gold Industrial Metals & Minerals
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

Metanor Resources > shareholder debt under new team $ 121.5 million
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Comment by BASTILLEDAY4Uon Apr 06, 2018 11:16am
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Post# 27842772

RE:RE:RE:RE:RE:RE:RE:RE:shareholder debt under new team $ 121.5 million

RE:RE:RE:RE:RE:RE:RE:RE:shareholder debt under new team $ 121.5 millionWhoever ends up with Barry is the winner because Metanor shareholders (old and new), have financed the project. And when sold, you may get a small premium but otherwise, the losses shareholders have been stiffed with become water under the bridge. These management teams don't care about shareholders, your only claim on the company is in the equity section of the books part of which is in this case is 121 million of losses. And in a bankruptcy, your the last on the list, the banker is second behind employees wages.
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