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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 > 3 Easy reasons to explain the stock price dump.
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Post by Geodan2 on Oct 23, 2015 2:58pm

3 Easy reasons to explain the stock price dump.

1. Due to MTO setting expectation that we would have followup PR on new discovery already, investors are assuming the reason for delay is there is bad news, drilling has not gone well and they are drilling more holes trying to find some good news.

2. The news is bad and its leaking.

3. The news is good, but see (1).
Comment by rockyfan on Oct 23, 2015 3:04pm
Plusieurs ont mis le doute dans l'esprit du monde....ils ne veulent vos actions qu'a petit prix.....Je ne peux croire qu'il y en a qui sont tomber dans le panneau.....Moi je viens de rajouter 100k d'actions .....ne vous laissez pas berner.
Comment by rockyfan on Oct 23, 2015 3:09pm
Pourquoi pensez-vous qu'il y ait autant d'acheteur a .04 cents....ils veulent avoir vos actions
Comment by Geodan2 on Oct 23, 2015 3:09pm
Translated to us Americanos: Many have put doubt in the minds of the world .... they do not want your share price has little ..... I can not believe that there are some who fall for it .... .Moi I just add 100k shares ..... do not be fooled . Rocky, I just added 62,000 at .045. Because think it is worth more than that even is news is bad. Cheers
Comment by tsoprano1 on Oct 23, 2015 3:11pm
It would appear news has leaked, yet I don't know why this would cause it to go down so much. They didn't lose anything they had, just didn't gain what we hoped. Still profitable, loan paid off, etc. This will need to be straightened out by authorities. I suggest Canadians start complaining to the them asap. Doesn't change medium and long term horizons. Unless the meeting in Europe ...more  
Comment by tomgranite on Oct 23, 2015 3:16pm
MTO was trading at 4.5 - 5.0c prior to that last reported hole. If all the drill holes have up as duds, then we are back to where we were before the last result, so that makes sense - if you can in this market. I don't think that this I actually the case and that something else is at play. However I'm not confident to buy at the moment. Us punters are always the last to find out the ...more  
Comment by Geodan2 on Oct 23, 2015 3:17pm
Hi T, that is rational take.  Also since in email the CEO said it would be out this week, the news can be good, but their actions make it appear it is bad.  Hence why I have called in twice today, leaving messages to just get the news out, whatever the news is.   Otherwise expected just what has happened in last 15 mins to happen.  PRs are super cheap, I have been in ...more  
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