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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

Comment by BASTILLEDAY4Uon Jul 24, 2018 7:44pm
85 Views
Post# 28362153

RE:ilov the ball and chain

RE:ilov the ball and chainThe payoff for shareholders so far has been $ 136 million in losses, not sure why you don't understand this, I doubt $2,500 u.s. spot gold for several years would result in any earnings for shareholders. And company debt is $ 22.2 million, not huge for a gold mining company but with no profits, a big burden.
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