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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 > Hewfran
View:
Post by Jeepfan on Mar 08, 2016 9:35am

Hewfran

I forgot to tell you that I was told they had already processed 7000 tons from the hewfran. The two gentlemen that I spoke to were quite excited. The first one that mentioned hewfran said the grade was 6 to 7 grams. The other gentleman corrected him and said they were getting higher than 7grams. Time will tell if this was just PDAC talk or true.
Comment by u2bob on Mar 08, 2016 9:45am
Thanks Jeepfan ...that may explain insider buys as well ...they are getting back on track...any mention on the elephant in the room that being Barry as much as we all are waiting and talking about Moroy drill results...I have to think the talk about re starting Barry with 1700 Canadiann gold has SSL now wanting to talk ...my guess they may be looking at some kind of deal involving all ...more  
Comment by Jeepfan on Mar 08, 2016 11:09am
No they only said they had a meeting on the 17th. I did ask about the 60 Million coming due and I was told it was actually only 40 Million because one share holder owns the other 20 Million Personally and that he was not a seller because it was his Mine. I know who the holder is but I am not willing to say but you could easily guess.
Comment by PMInvestor08 on Mar 08, 2016 11:19am
This post has been removed in accordance with Community Policy
Comment by Jeepfan on Mar 08, 2016 11:36am
shares
Comment by PMInvestor08 on Mar 08, 2016 11:57am
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Comment by Jeepfan on Mar 08, 2016 12:09pm
There are warrants and they are in the money but the company cannot force them to buy now they did not have that clause in the agreement.
Comment by PMInvestor08 on Mar 08, 2016 12:31pm
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Comment by wind00e on Mar 08, 2016 12:37pm
this was not a death spiral financing......... that would be a CD. I believe most of the shares have been sold long ago. the big boys have a way to get this done early. the price is being held down for now and the shares are being bought up. nothing happens by accident. JMO
Comment by PMInvestor08 on Mar 08, 2016 1:47pm
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Comment by Jeepfan on Mar 08, 2016 12:43pm
I would think whoever has the warrants will wait until the price goes up substantially before cashing in.
Comment by u2bob on Mar 08, 2016 11:19am
Thanks Jeepfan...I also know who that investor is ...low volume looks good ...next leg up will come soon enough ...Thanks !
Comment by PMInvestor08 on Mar 08, 2016 9:49am
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Comment by u2bob on Mar 08, 2016 9:52am
Insiders don't buy on the open market with their money ...way more happening behind the scene than PP talk...TRY AGAIN!
Comment by u2bob on Mar 08, 2016 10:59am
Oops reread my post should have said ... Insiders don't buy on the open market with their money ...just to throw it away...and that their is way more happening behind the scenes than PP talk ... Also with insiders buying on the open market means they know that they could be taken out at any time...just the nature of the game...again I think management is getting the word ...more  
Comment by PMInvestor08 on Mar 08, 2016 11:08am
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