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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 > Gold drop!
View:
Post by wiseinvestor123 on Sep 30, 2015 11:25am

Gold drop!

maybe everyone didn't noticed the price of gold is going down....let's wait the end of the day to see MTO real trading value....
Comment by wind00 on Sep 30, 2015 11:49am
relax.... it doesn't mean much. it might scare some, but there is nothing to fear. especially with our share price and gr/t. MTO is fine, use this buying opportunity. 6.5c is way undervalued!
Comment by ramblersrest on Sep 30, 2015 12:07pm
Russians bombing in Syria and ordering US out will drive up gold . One would think ...
Comment by hardasset on Sep 30, 2015 1:58pm
I don't think we are immune from the effects of a drop in the price of gold, however, a small decline will not hurt this stock much. There is something going on with this stock/company. Many months of positive drilling results and passing the 5 cent barrier have finally translated. There is no reason MTO shouldn't move up to at least the book value. What is the book value? I haven't ...more  
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