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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 > interview june 22 2015
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Post by dutchgoldd on Oct 24, 2015 7:23am

interview june 22 2015

I encourage everybody to re-listen to the june 22 2015 interview with jay taylor and ron perry. but before doing that,please go to the june 15 2015 news release. in this release,metanor is basically saying that it knows that it is being watched closely by osiko gold royalties ltd and oban mining coporation as they are investing in the urban barry area . you will notice that the metanor news releases start to increase in terms of reporting new drilling results knowing that this is the type of information that osiko wants to see. you will also notice that the volume increases and maintains a higher level from june 2015 until today. I am also anxious and very curious about the recent lack of news releases of any kind but in reviewing all the good news over the last few months.....money in bank....over 700 ounces gold in bank.....making profit...paying back loan....finding good drill results....I am expecting that when there is a news release...it will be significantly positive.
Comment by ruben12345 on Oct 24, 2015 7:25am
yes i believe MEtanor will be taken out before year end
Comment by tomgranite on Oct 24, 2015 8:04am
Thanks Dutch. Did I hear correctly that there are 7 drills turning on the Barry site during June. This is probably the biggest drill program in Canada this summer and no update in Corporate Presentation and no press release that I can see. No wonder people are selling their shares, management are failing to get the message across to the wider market.
Comment by dutchgoldd on Oct 24, 2015 8:08am
I think that management has much more information than just drill results and therefore the waiting is necessary to get everything just right for the big presentation....read between the lines
Comment by LiTeOn1981 on Oct 24, 2015 10:29am
This post has been removed in accordance with Community Policy
Comment by dutchgoldd on Oct 24, 2015 10:35am
I doubt if they want to do a private placement and ron perry even said so in his latest interview with jay taylor 4 months ago. besides,they can be patient and accumulate both money and gold as they are now somewhat profitable.
Comment by LiTeOn1981 on Oct 24, 2015 10:40am
This post has been removed in accordance with Community Policy
Comment by tomgranite on Oct 24, 2015 10:47am
The financial reports that are due out are actually year end annual reports. There is probably more work involved in closing down the accounts than the usual quarterly ones so maybe that is why they are a bit late. The loan has been paid off and the price of gold in Canadian $$$ has increased so I see it as more likely the cash situation is ok. The benefit of the loan repayment disappearing from ...more  
Comment by tsoprano1 on Oct 24, 2015 11:54am
LiTe, looking at the news here for Metanor, they came out with ounces on Oct. 10th. So we are behind there in getting that out, but the financials for quarter(showing $1mil+ in net earnings) didn't get released until Oct. 27th. So they should have something out next week regarding that. Unless they are wasting/stealing money, it should be a profitable report. If they hold back bad news it will ...more  
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