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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 > Management buy ???
View:
Post by Matagami on Apr 14, 2016 2:00pm

Management buy ???

I wonder why the management team does not buy more shares. I know they bought some before drilling starts but nothing since.
Comment by wind00e on Apr 14, 2016 2:11pm
they probably wonder why we don't buy more shares.
Comment by ilovetojumpem1 on Apr 14, 2016 2:19pm
This post has been removed in accordance with Community Policy
Comment by mstettler on Apr 14, 2016 2:53pm
Wind did know about Sprott buying before the rest of us.  The Sprott effect would have been an obvious reason to stay long the stock. From my experience - when a company generally has a history of releasing good drill hits as soon as they are assayed and then there is absolutely nothing released from a new drill target it's a major red flag.   MTO had released a handful of good ...more  
Comment by oldmen on Apr 14, 2016 5:27pm
thank you for the information, I will sell all my shares as soon as possible  !!!!!!!!!!!!!!!!!!!!!!!!!
Comment by mstettler on Apr 15, 2016 1:26pm
That's up to you.
Comment by mstettler on Apr 14, 2016 2:11pm
That is an excellent question.  Combine that fact with no news and one could draw an obvious conclusion.  Whether it turns out to be the case remains to be seen.
Comment by Jeepfan on Apr 14, 2016 2:34pm
Start worrying when they start selling. I believe there is a time frame for buying and the release of news that they must follow.
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