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Bullboard - Stock Discussion Forum 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 Discussion

Metanor Resources > In 2014, 1520$ CAD gold price lifted sp to 27 cents
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Post by Aspen30 on Feb 12, 2015 4:25pm

In 2014, 1520$ CAD gold price lifted sp to 27 cents

In 2014, at a 1520$ CAD gold price share rose to 27 cents, today we are even higher at 1527$ and SP is at 6 cents.  A positive update from Metanor wouldn't hurt... SP could fly.
Comment by wind00 on Feb 12, 2015 4:49pm
as long as sellers are placing huge orders, there is nothing anybody can do. Sheldon started it.... selling over 20 million shares for PNP at 0.28 driving the price down. he had to sell... look where PNP is now. Sheldon was fired. there are other funds in similar position.
Comment by LiTeOn1981 on Feb 13, 2015 9:12am
This post has been removed in accordance with Community Policy
Comment by wind00 on Feb 13, 2015 9:21am
we would all like that. ask polite and with respect and you may get the answer you want. insulting mgmt doesnt get you info. the seller must be a fund, with these many shares to sell. they will run out sometime............. I hope.
Comment by hardasset on Feb 13, 2015 10:06am
I think you are correct on both counts. Name calling of management gets us nowhere. It is easy to throw brickbats at them from this board but, how bad can they be? They did get this thing to the production phase and there is cash flow. You can't say that about most of these penny dreadfuls. And, yes, lots of sellers are overhanging the market. It is perfectly understandable that funds are ...more  
Comment by oldmen on Feb 12, 2015 4:49pm
a steady stream of drilling result to increase the reserve and a price of gold pointing north and we will have a great smile
Comment by LiTeOn1981 on Feb 12, 2015 7:22pm
This post has been removed in accordance with Community Policy
Comment by ramblersrest on Feb 12, 2015 8:35pm
Lower cdn dollar and cheaper oil price will get Canadian gold producers to rebound as the year progresses ...Time to accumulate and hold is here now ...