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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 > Well Folks..
View:
Post by digger69 on Jan 20, 2016 2:06pm

Well Folks..

I'd hate to say it...but I'm a man who can admit his wrongs....looks like we should've all listened to Btrevorb when he was touting to sell above current price (he was touting this since above .20) shoulda coulda wish I woulda!!!

Wtf over!!!
Comment by wind00e on Jan 20, 2016 2:17pm
digger.... stop making excuses. I do not agree. maybe this is the final capitulation MTO needs to get shares into stronger hands. we will see. today everything is sold and we are not singled out. MTO is making money at this GP and the new drilling program will find more gold. after all this time I am not giving up now. let the sellers sell! FWIW
Comment by Micanushi on Jan 20, 2016 2:31pm
The next PP will be the nail in the coffin. Doesn't matter what anyone else says. This is done. Micanushi
Comment by tsoprano1 on Jan 20, 2016 3:11pm
They aren't making money at these prices. These idiots couldn't make money at 2000. And, soon we will have a fresh batch of stock overhang from a new PP. Only chance is a buyout. But, my guess is they will wait and buy in bankruptcy. I can not imagine someone thinking there will be enough buying to lift a whole new set of PP stock plus what is left of last one. PP guys might actually get ...more  
Comment by JRaffles on Jan 20, 2016 3:17pm
Every PP subscriber has been shafted by the board. How could they find a new PP investor when it seems clear that another PP or share consolidation is likely to follow. The only winner will be an investor who takes control and stems the spiral downwards.
Comment by digger69 on Jan 21, 2016 2:10am
Wind, I'm not making excuses trust me..ive spent the last several months trying to come up with a good one for the reason why our SP is like it is and I am stumped!  I just don't know how many more positives the company can have with little to no or a negative reaction to the SP..its fistin me man!
Comment by LiTeOn1981 on Jan 21, 2016 9:51am
This post has been removed in accordance with Community Policy
Comment by hardasset on Jan 21, 2016 10:11am
Here are my thoughts.  I am told the mill is worth $50M.  I find it hard to believe that the gold in the ground, permits, tax credits, gold held, and installed mine infrastructure are worth less than another $50M, probably a lot more.  There are 420 million shares outstanding. Back of the envelope, that works out to $0.23 a share.  It's trading at $0.03.  How does ...more  
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