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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 > Gold Smash
View:
Post by deslug1 on Mar 14, 2016 9:58am

Gold Smash

What the heck happened here? More manipulation of the gold price?

24 hr gold chart
Comment by PMInvestor08 on Mar 14, 2016 10:09am
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Comment by mstettler on Mar 14, 2016 12:30pm
No, just healthy market behaviour after what has been a very large run for gold.   After 8 weeks of positive gains in a row this is the kind of thing we like to see. Otherwise the corrections become more severe. How do you post graphics by the way?
Comment by wind00e on Mar 14, 2016 2:26pm
it is simply US$ srength today. now we wait for the BoJ and on wednesday the FED. rinse and repeat.
Comment by PMInvestor08 on Mar 14, 2016 3:06pm
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Comment by Matagami on Mar 14, 2016 3:12pm
and what's about the price of gold going down the toilet again
Comment by mstettler on Mar 15, 2016 12:51am
You people are nuts. You decide how something is supposed to be, then seek out anything to validate your decision.  If you find something that goes against what you believe it's immediately dismissed. Welcome to self delusion. Anybody that beleives that gold must go straight to the moon here and now falls into that category. If there is not a correction now then the correction that ...more  
Comment by LiTeOn1981 on Mar 15, 2016 6:49am
This post has been removed in accordance with Community Policy
Comment by mstettler on Mar 15, 2016 2:14pm
That took a while.  Glad that you are thinking for yourself Lite.  People seem to prefer being led.
Comment by deslug1 on Mar 15, 2016 10:11am
Your lack of respect for others opinions here and holier than thou attitude, mstettler, has been duly observed and noted . Have a nice day.
Comment by deslug1 on Mar 15, 2016 10:11am
Your lack of respect for others opinions here and holier than thou attitude, mstettler, has been duly observed and noted . Have a nice day.
Comment by mstettler on Mar 15, 2016 2:07pm
I could care less.
Comment by mstettler on Mar 15, 2016 4:14pm
Deslug, If you would take the time to read all of my posts since I joined a short time ago, you will find that I was very polite even when some jackass decided to jump all over me making it a personal issue. I've simply lost my patience and I'm thouroughly unimpressed.   Don't take this personally because I have no issue with you.  I just really don't care if people ...more  
Comment by tsoprano1 on Mar 15, 2016 5:47pm
Mstettler, don't worry about the cheerleaders. Since I started saying what was on my mind instead of mindlessly going with the flow I started getting 1 stars. I have come to realize that some of the most honest posts get a single star. Wild optimism does no one any good. LiTe was bringing up things when I first invested here and he took the brunt of the cheerleaders anger. Now that I have been ...more  
Comment by wind00e on Mar 15, 2016 8:42pm
happens to me also all the time. just don't worry about it.
Comment by tsoprano1 on Mar 15, 2016 8:55pm
Lot of other things to worry about, that's for sure. Can't help worrying about the POG and if we are really in the bull market. In spite of my sometime negativity, Metanor is my second biggest position, so I don't spend time worrying about stars on a MB. Been looking at other gold stocks, but can't shake the feeling this is where I belong. The Sprott buy brought a lot of ...more  
Comment by mstettler on Mar 16, 2016 12:33am
... I would like to add, we could see $1150 gold as a pullback.  This is the first important line drawn from the previous highs over the last year, now becoming support. If gold comes down to these levels and holds, then I will be much more confident about a resumption of the bull market. THe thing concerning me in the short term is the current COT report.  We need to see a bleed down ...more  
Comment by wind00e on Mar 16, 2016 10:01am
Gold closed below 1239, the stop for longs However, in order to generate a sell signal, it needs to close below 1224 Short term cycles project some weakness Once Gold is on a sell signal, these are the two downside targets: first, 1204, and then 1178  
Comment by mstettler on Mar 16, 2016 12:06am
Hi Tsoprano,  Thanks for the kind words.  Those that do not have only wild optimism and can temper expectations are very much in the minority when the crowd turns wildy bullish. I still hold my shares.  I thought I might do a service to those that were considering purchasing shares at the highs based on the optimism of others.  There is always a pullback and always another ...more  
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