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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 > PR on Sprott Buying 8.7 Million MTO
View:
Post by Geodan2 on Mar 29, 2016 7:02pm

PR on Sprott Buying 8.7 Million MTO

See been posted here already.  Seems Eric wants people to know?  Again it is good sign that the long long waited for drill report should be good.  means he has shelled out about $750K 

Metanor, please do kick the drill results out the door.

March 29 (Reuters) - Metanor Resources Inc(MEAOF)* Acquired ownership and control over 8.7 million common shares of metanor resources inc Source text for Eikon: Further company coverage: ( (Bengaluru Newsroom: +1-646-223-8780)

March 29 (Reuters) - Metanor Resources Inc(MEAOF)

* Acquired ownership and control over 8.7 million common shares of metanor resources inc Source text for Eikon: Further company coverage: (Bengaluru Newsroom:

Comment by goldminer01 on Mar 29, 2016 8:05pm
This post has been removed in accordance with Community Policy
Comment by romara on Mar 29, 2016 9:36pm
Eric probably has his opwn staff onsite, looking into all that is happening....probably somebody on the BoD soon to look after his interest. .... Richard
Comment by goldminer01 on Mar 29, 2016 9:38pm
This post has been removed in accordance with Community Policy
Comment by hardasset on Mar 30, 2016 6:21am
"He probably called the Company and got a "peek" at the first hole results. These guys, who are "friends" of the Company, get a "special" heads-up. " I thought about this. Maybe any shareholder can have a peek at the assay lab. How do we know? Do you want to drive up to Desmaraisville? I don't.
Comment by pdcon1 on Mar 30, 2016 8:45am
Sprott owns over 38 million shares proves a few things one is it will become a winner , there will be fewer shares available for sale , mto will not be taken advantage of , and  Sandstorm  must negotiate on a level playing field . Sprott is coming in the picture as a share holder  and we all should benefit as a board member and all his expertise will help mto move ahead in the ...more  
Comment by LiTeOn1981 on Mar 29, 2016 9:54pm
This post has been removed in accordance with Community Policy
Comment by pdcon1 on Mar 29, 2016 10:11pm
works both ways  you gain on the shares you already own as the share price escalates .
Comment by wind00e on Mar 29, 2016 10:35pm
when someone owns 10% they have to report as an insider. the deal changes again when reaching 20%, most likely he will not want to get so deeply involved... I say 19.9% would be best. but then the company could also buy, that would be a different issue, seperate from his personal holding. I believe he has around 13% now. JMO
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