Metanor Resources MEAOD

New Research Report on MTO out this PM, V. Bullish

[PokemonGOld]

Gold Producer Metanor Resources Issued Upside Market Valuation in Research Report  https://sectornewswire.com/release072216mto.htm is URL. Good overview and analysis. $120 m market cap target (28 cents per share)

[Camaroni]

For a freshly minted member to Stockhouse and this board today, that is some find regarding MTO. Thank you for posting PokemonGOld. Very interesting read. Looking forward to the discussion it prompts here from all the regulars here.

[LiTeOn1981]

This post has been removed in accordance with Community Policy

[LiTeOn1981]

This post has been removed in accordance with Community Policy

[mstettler]

Why stop there?  I believe that that a market cap closer to 1.2 billion is achievable.  We just need $13,000 per oz to do it.

[fruitvale3067]

Well, well, well, what do we have here, another research report. Lets see they set a target price of .28 cents a share in the next 12 months. Isn't that interesting, it just so happens that the convertable debt is due in 13 months, and what prey tell is the convertable debt price per share?  You guessed it. 28 cents. You can't make this stuff up folks. Can you feel the noose is

[pdcon1]

read it and weep  ,  debt is only 9 million  , actual tax credit is 15 million  they could pay off debt with their tax credit . great things are starting to happen here . 

[mstettler]

That made me laugh! This board is great. You guys poop all over me for making a mistake (distance of barry to mill) and then someone posts something as outrageous as this and no one bats an eye. From the last financials: they have 0.55 million in tax credits receivable (assets).  They also have 5.27 in deferred taxes (liabilities).  They currently have 7.56 million in convertible

[mstettler]

I just skimmed that lovely piece of propaganda - now I see where those numbers come from.  It's full of errors. The author used the 2014 financials, not 2015.  That is why he stated 9 million in debentures due when it is only 7.5 million.  That is the good news. He is also saying that mto has almost 50 million in total liabilities (he calls it a loss carry forward).  

[fruitvale3067]

Then why haven't they paid it off, what are they waiting for? If your trying to increase shareholder value and make the company look more attractive to new and current investors then clear the debt off the books. Plus the debt holders get there .28 cents. Everyone's happy. 

[Matagami]

If they cant repay the debt then it will be renegociate

[fruitvale3067]

If they can't repay the debt during a gold turnaround, Then renegociating the debt will be the least of their problems.