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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 > drilling could start anytime now
View:
Post by wind00e on Feb 19, 2016 1:47pm

drilling could start anytime now

icebridge is completed, drills might be turning this weekend.

also, there was more insider buying
Comment by tsoprano1 on Feb 19, 2016 2:44pm
Always nice to see insider buying even if it is illegal to do so before a report is put out. Kudos to them for bravely buying in spite of the rules. Must be some big things happening to entice them to break the law. Can't wait. T PS I realize this is TSX where no one oversees the trading.
Comment by u2bob on Feb 19, 2016 3:05pm
Really did you just post that here where you can still buy a gold producer in Canada thats stock trades for a nickel... while gold is trading at $1700 Canadian...lol...and you can still get in at this price and you know insiders are buying  ...and you waste your time posting that...why are not buying instead of  posting ?
Comment by LiTeOn1981 on Feb 19, 2016 4:14pm
This post has been removed in accordance with Community Policy
Comment by tsoprano1 on Feb 20, 2016 12:06pm
Well, bob, it is simple. In the 2+ years I have been a shareholder, management has underachieved at an astonishing rate. They have led us on about deposits and drilling, they have made no money but have managed to do two PP which have diluted the current shareholders. They have done these with investors that have no interest in holding the stock long term, even middle term. That is why a gold ...more  
Comment by LiTeOn1981 on Feb 20, 2016 12:40pm
This post has been removed in accordance with Community Policy
Comment by u2bob on Feb 20, 2016 1:04pm
Hi T... I understand everyone has a different way of trading ..so all we can really do is make some moves when the time is right to better our positions to sell or buy ...your still here so I'm guessing you must see something here of value ....or still have some shares...anyway I am not looking for any big miracle from the end of Dec Q ... Lite gave the average price so if we ...more  
Comment by wind00e on Feb 20, 2016 1:44pm
everybody here, incl. me is in the same boat. being sceptical and waiting is what many do. should we have turned the corner and the next news are what I expect, we will go up in price substantially. time will tell who is correct. usually ppl don't buy at the lows. they will want in at much higher prices. JMO
Comment by tsoprano1 on Feb 21, 2016 2:12pm
Bob, as I have said before, there are plenty of reasons for me to stay in this stock. The mill, gold price going up, other companies in area that might want us and tax loss carryforward come to mind. Paying off loan also. I have averaged down to about .07 US and just bought the other day. But, upon reflection, I decided to wait on report to see what happened. If it is great I will still get some ...more  
Comment by u2bob on Feb 21, 2016 2:43pm
Hi T ... I highlighted your points all good ...my guess is we have had so much bad news over the last few years ...that it was only a matter of time that things would finally aline...starting with the main driver ...price of gold from 1400 to 1700 in a short time frame.. a new find at Moroy which could be a Bonaza ...and probably plenty of new interest in gold ...more  
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