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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 > Called the company...
View:
Post by u2bob on Feb 17, 2016 4:04pm

Called the company...

...Barry is an option it does not mean they would start it tomorrow...and that Moroy is were the bread and butter is right now ...and the companies main focus ...having said that I believe Geodan aked about equipment ...company has some and a crusher ...again having said that ...it  would take time ...and a firm gold price...

Sounds like the ice bridge is complete...so lets hope drills get turning quick...It sounds like management has a good working relationship with SSL ...but they have to look towards extracting shareholder value for MTO ...

 We have money in the bank  .. I am not expecting to much from Q numbers this Q... someone here mentioned that gold did not climb until end of Dec...

For me break even this Q end of Dec..and still having money on hand will be a positive ...knowing the price of gold has been decent for this next coming Q ...I will probably add more...

Later
Bob
Comment by LiTeOn1981 on Feb 17, 2016 7:20pm
This post has been removed in accordance with Community Policy
Comment by tsoprano1 on Feb 17, 2016 8:16pm
LiTe, of the three what do you think will happen. I will be surprised by any one coming through. I have really lost all respect for these clowns after the 2 PPs and not even close last report to a profit. I hope I am very wrong, but I think these guys are only good at making themselves money. But, you are right to expect all three. They strung us out on drill results before which seemed planned so ...more  
Comment by LiTeOn1981 on Feb 18, 2016 11:41am
This post has been removed in accordance with Community Policy
Comment by BenderAlex on Feb 18, 2016 12:09pm
I think the worst case is the new PP, or the gold price going to 1000$... We`ll find out how things are in the Q report.
Comment by LiTeOn1981 on Feb 18, 2016 12:20pm
This post has been removed in accordance with Community Policy
Comment by BenderAlex on Feb 18, 2016 12:37pm
We know that there is no complete trust to management, but im still holding my shares. :D
Comment by u2bob on Feb 18, 2016 4:46pm
Lite you mentioned $1,475 Canadian an ounce as of Dec 31st ...I would tend to be more conservative with those numbers...   I will be happy if we do not lose any money for the Q vs. the 2 million at the end of the last Q and still have money in the bank...numbers out next Friday the 26th I believe ...one thing that is for sure is we hit $1700 Canadian again today so I say Goldman... Sach ...more  
Comment by Matagami on Feb 18, 2016 4:56pm
They may also encounter problems with dilution at Hewfran
Comment by pdcon1 on Feb 18, 2016 5:17pm
those who dont believe in mto should quit torturing themselves and just skate  .  i bought 50 000 more shares
Comment by Matagami on Feb 18, 2016 4:58pm
They may also encounter problems with dilution at Hewfran
Comment by LiTeOn1981 on Feb 18, 2016 7:14pm
This post has been removed in accordance with Community Policy
Comment by witsguy on Feb 17, 2016 11:31pm
lol well of utmost importance is blowing about $1 million per year on four critically important "executives" no? All else is secondary.... allegedly
Comment by witsguy on Feb 17, 2016 11:35pm
BArry MIGHT be an option pending at least 5 million in drilling... the resource as it stands is not taken overly seriously it seems... it just does not fit the ore model which is concerning. The model is high grade veins separated by next to barren volcanics. Check the tonnes used for Windfall Lake vs Barry and it will be painfully obvious. Problem when phone boys "steer" geological ...more  
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