Metanor Resources MEAOD

Is Anybody Else Following The Gold Price?

[hardasset]

Gold was up on Friday and up again smartly today.  A total increase of $20/oz over the last two trading days.  Is it possible that it has formed a bottom around $1150USD?

[hardasset]

I know it is bad form to reply to one's own posts but the silence on this board is defeaning. Gold is up smartly again this morning.  Please note that a $50 increase in gold prices translates to $150,000 to $200,000 a month on MTO's bottom line.  A $100 increase doubles that.  Combine this with the abscense of the $300,000 monthly payment to Quebec and you have added a half

[LiTeOn1981]

This post has been removed in accordance with Community Policy

[pdcon1]

yes golds on a bit of a tear and dollar is down  mto is stuck in the cellar due to the last pp that should of been at least 6 cents thats 5 cents now , retail investors the backbone of any co are loosing interest here , there are other plays out there . like kwg  noront , the ring of fire is heating up again . still hold some mto , but not as much as i used to .   kwg and

[wind00]

sell Barry? where do you get that info? they will produce from Barry, imo

[wind00]

sell Barry? where do you get that info? they will produce from Barry, imo

[wind00]

sell Barry? where do you get that info? they will produce from Barry, imo

[hardasset]

Very low volume on MTO today. Gold stays fairly strong.

[hardasset]

So far this morning gold is strong again.  Knocking on the door of $1200US.  

[hardasset]

Curiously, the sellers don't want to sell at 4 cents today.

[hardasset]

Gold spiked up again this morning over $1215US before retracing a bit. Gold has been strong the last few weeks and especially the last few days.  The price of gold is the main determinate in the price of MTO.  This is a very positve developement.