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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 > Love and marriage
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Post by Onetesticletim on May 06, 2016 9:46pm

Love and marriage

Im baffled this didnt sell off to 7 cents today. MTO must be the biggest polygamist in quebec since so many are in love with her on this board! or this 3 legged dog is getting propped up. 
You were told your wife is sleeping around. You replied, ya its all good, we have a wonderful relationship. lol. 

The circus promoters are singing the same old songs. Shes been poised for advancement..... ya for a decade.  Thats the only thing that pushes this up, but only for a day. this cant break a dime an a good gold day. wait till the correction comes. 5-6 pennies are coming no matter how much you love her lol.

But theres Barry right? NO there isnt. These dysfunctional clowns cant turn a profit at can1600$ gold. SSL just let u know that. So whos gonna give them money for a concentrator???? they cant truck it as is to the mill. Maybe SSL will make another deal with MTO? I guarantee it will an awesome deal.... for SSL.
Comment by Highwired7 on May 06, 2016 11:10pm
Wow, I hope your wrong, I must admit, Sprott is the main reason I have any hope at all. What are your thoughts on Sprott buying so heavily?
Comment by Onetesticletim on May 07, 2016 7:49am
He saw something he liked. We all did. We all though this was a no brainer. How can you not make money at these prices. Sadly they can't. History tells us they are inept. Look at the 10 yr chart. Look at all the NR's. Look at the constant dilution and poor deal making. You'd think they would do everything in their power last quarter to increase production, cut costs, anything to make ...more  
Comment by JRaffles on May 09, 2016 8:19am
It may be difficuly to pre judge Sprott's action:- Sprott sold a parcel of KGI at CAD9 and change. He bought Metanor and Newmarket KGI is now close to CAD11 and MTO is about what he paid for the shares. It seems that, either Sprott got his timing wrong, or alternatively, expects MTO to move fast and furious in the near future and therfore requires a core holding.
Comment by LiTeOn1981 on May 09, 2016 8:30am
This post has been removed in accordance with Community Policy
Comment by fruitvale3067 on May 09, 2016 9:54am
Lite, I know many here are high on the Sprott issue, I liked the news myself. I also like the fact that MTO is searching for new resources and appears to have found something. However I stumbled across something this weekend that brought the issue I've been harping on of cash on hand and financials going forward. Specifically the next 3-4 quarters. Without going into details I'll let ...more  
Comment by LiTeOn1981 on May 09, 2016 11:48am
This post has been removed in accordance with Community Policy
Comment by fruitvale3067 on May 09, 2016 12:01pm
Yea, for the bar graph they have written MTO off of SSL's revenue producing streams beginning in 2018. Then if they do survive it's then considered extra revenue SSL did not project. As I've been saying, it's time to start producing. 
Comment by Matagami on May 09, 2016 12:15pm
Sandstorm does not believe in Metanor but Sprott yes. Who should we believe ?
Comment by LiTeOn1981 on May 09, 2016 12:30pm
This post has been removed in accordance with Community Policy
Comment by tsoprano1 on May 09, 2016 12:38pm
Sprott believes in assets, but doubtful if he believes in management. These guys truly are clowns. They have gotten away with putting out hopeful news releases only to be followed up much later by average to disappointing results. I would guess Sprott is betting on a buyout and has the shares now to vote for one. He, no doubt, would stay with new company, provided they have anything resembling a ...more  
Comment by fruitvale3067 on May 09, 2016 12:55pm
Maybe SSL's position has to do with the $9 million in Subordinate Secured Convertible Debentures  that come due August 22, 2017. These guys better start using more explosives and get this plant operating at capacity. Especially with the price of gold where it is. 
Comment by Matagami on May 09, 2016 8:54am
Sprott has been fuc*ked like all of us by the pumping of the management
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