Join today and have your say! It’s FREE!

Become a member today, It's free!

We will not release or resell your information to third parties without your permission.
Please Try Again
{{ error }}
By providing my email, I consent to receiving investment related electronic messages from Stockhouse.

or

Sign In

Please Try Again
{{ error }}
Password Hint : {{passwordHint}}
Forgot Password?

or

Please Try Again {{ error }}

Send my password

SUCCESS
An email was sent with password retrieval instructions. Please go to the link in the email message to retrieve your password.

Become a member today, It's free!

We will not release or resell your information to third parties without your permission.
Quote  |  Bullboard  |  News  |  Opinion  |  Profile  |  Peers  |  Filings  |  Financials  |  Options  |  Price History  |  Ratios  |  Ownership  |  Insiders  |  Valuation

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 > MTO Undervalued...
View:
Post by u2bob on Apr 09, 2016 11:44am

MTO Undervalued...

I for one am glad to see Sprott buying up all those cheap shares ... call it stealing or WHATEVER ! .... I would like to think of it as clearing out the "ROACHES" that have been holding MTO back ...valuation for MTO has lots of room to climb northward with Moroy drill results leading the way first...also Moroy could start as open pit another positive...then the next leg up will be showing Hewfran as cash flow positive...after that you have a whole different scenario with Barry drilling and mining open pit and gold prices another leg up...and maybe the biggest selling feature of all for MTO will be able to show a combined resource of Bachelor Moroy and Barry properties and there potential of well over 20 years of mine life 100,000 ounces a year which would be 2 million proven ounces and more than justify mill expansion ...I believe it was stated that Barry could be a stand alone project with mill ... conservative numbers now could change quickly with the drilling over the next 6 months... and we will need a number for E/V ounces of gold in the ground ... end of the day Sprott is a gold guy so he sees the potential in the mines and mill... now is the time to be a producer as well as an exploration company....and at 10 cents he is betting on a nice return ... and so am I ... Later!

Bob
Comment by gatorone on Apr 09, 2016 11:54am
I am also glad to see Sprott buying MTO - He probably has several goals/agendas for his purchases. But as a veteran businessman, he will not put his company in jeopardy by buying due to illegal information. Any hint of scandal and Sprott Resources is history, even if his shares are personal investment and not connected to his company. What others have done or not done doesn't justify breaking ...more  
Comment by Onetesticletim on Apr 09, 2016 9:45pm
Are you 6 years old?  All big big money in this world is made through insider info, collusion, bribery and under the table dealings in general . God help us if they didn't have to reveal insider trades. The markets would be a much grander sh*t show than they already are. You can't beat em. If your lucky you can join em. All most of us can do is try to figure out what they're doing ...more  
Comment by gatorone on Apr 09, 2016 10:20pm
No, not 6 yrs old. The "LOL" will be on the ones who are disgraced by breaking the law and end up banned from securities trading, or worse.
Comment by Onetesticletim on Apr 10, 2016 8:02am
lol. Ok enjoy your happy meal.... You can't stop insider trading. It's human nature. Creating the appearance of order is what's important. As long as they don't do anything too blatant that will embarrass the securities commission everybody is happy. For example, if an insider bough 50 million shares in a gold company and the next day they announce 2 lbs of gold per ton or a sale ...more  
Comment by mstettler on Apr 10, 2016 2:12pm
Like you , I have a high ethical standard to hold myself to. Sadly, the world of finance is filled with sociopathic crooks.  I wouldn't hold my breath for justice served.
The Market Update
{{currentVideo.title}} {{currentVideo.relativeTime}}
< Previous bulletin
Next bulletin >

At the Bell logo
A daily snapshot of everything
from market open to close.

{{currentVideo.companyName}}
{{currentVideo.intervieweeName}}{{currentVideo.intervieweeTitle}}
< Previous
Next >
Dealroom for high-potential pre-IPO opportunities