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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 Aug 08, 2018 11:15am
92 Views
Post# 28427153

MTO down again pending Bachelor upgrade

MTO down again pending Bachelor upgradeIn my view the SP languishes for two reasons.  1. the massive rollback a while back and the inevitble slide back---usually happens when a rollback occurs without spectacular news, and drill results although interesting does not equate to spectacular news.  2.  all informed investors know that there can be no protitability in the new BTR/MTO entity without a significant and costly upgrade to the Bachelor Mill.  What that enormous cost will be is pure conjecture until much more is known.  Meanwhile, we watch with interest but find this much too speculative to come in at present no matter what results are published.  The Bachelor upgrade must be spelled out first.  IMO
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