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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 > One last thought
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Post by u2bob on Oct 30, 2015 3:57pm

One last thought

...all these flow through deals have been with Secutor Capital Management Corp...

Maybe we finally have hit the jackpot and this is the easiest way for management to fill their pockets without having to buy in open market and have share price go up...have your friends take a third of the company instead...also the safest way to play it from a management point of view ..3 years if shares run up you have ...


40 million units priced at five cents each, which consist of one common share and one common share purchase warrant having an exercise price of 6.5 cents and a term of 36 months
Comment by tsoprano1 on Oct 30, 2015 4:52pm
Bob, that is why I was wondering if management was involved in PP. Maybe they are stealing it from us. You would think Sandstorm or other huge investors would be screaming at this deal. Then again, maybe they were warned months ago.  T
Comment by wind00 on Oct 30, 2015 5:07pm
I don't think it makes a difference to Sandstorm as long as they profit from the current arrangement. should MTO be able to be more independent from Sandstorm, so they can negotiate a better deal for MTO, they will not like it.
Comment by LiTeOn1981 on Oct 30, 2015 6:10pm
This post has been removed in accordance with Community Policy
Comment by Highwired7 on Oct 30, 2015 7:19pm
Lite, You must mean "kind of to dump the stock". I heard someone say a while back, " Metanor isn't interested in mining, all they seem to be interested in is their stock price", apparently their not interested in either, they  just seem to be interested in maintaining their life styles.
Comment by miketrike on Oct 30, 2015 8:02pm
Exactly LiTeOn.....They are hoping they can raise the money. This whole pump the last month was done solely to lure in some new "investors". IF they can raise the money and the financing is completed as advertised, the low price on the warrants will stop any share price appreciation. More than likely though the warrants will expire worthless and the company will do a rollback. Here is ...more  
Comment by LiTeOn1981 on Oct 30, 2015 8:08pm
This post has been removed in accordance with Community Policy
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