Post by
Wangotango67 on Mar 30, 2015 10:03am
CAP GRADES - ARE SUPERB - 1.5 OZ. - VERY SWEET !
And i agree - the over one million shares offered @ .045 - the few individuals - or all one person - with several orders - knows what theyre doing - as in capping it - and holding it back - or several twinks - who havent a clue what Metanor is really worth.. I wonder if its real shares purchased or if its just paper shares... figure it out guys... what a market...
Metanor is so far undervalued... The more i study other companies - I truly think Metanor should be trading well above .20 cents.... Theyre a producer - and if ever they spark up the pit nearby - this lil gem will preform quite well...
Comment by
hardasset on Mar 30, 2015 10:45am
I guess we should be looking at this as an opportunity to accumulate some shares, cheaply. Considering their assets, a book value of 20 cents, their production rate and the ability to ramp that up if the gold price increases, this is NOT a 4 cent stock.
Comment by
wind00 on Mar 30, 2015 10:54am
I agree... they flushed the baby with the bathwater, together will all the brains. maybe it's just too cheap and someone will want it at a higher price. I am sure many are scratching their head at this point. too many on the ask, so no hurry to buy. the market will correct - it always does.
Comment by
hardasset on Mar 30, 2015 11:27am
"maybe it's just too cheap and someone will want it at a higher price" Well, yes. It is much easier to believe that a 10 cent stock is worth 20 cents than a 4 cent stock is worth 20 cents. And momentum draws its own adherents. I guess we should be happy it is still available this cheaply.