Comment by
BASTILLEDAY4U on Aug 17, 2016 6:12pm
I guess as long as Metanor is producing gold and putting the profits into turning the Barry property into Canada's number one open pit gold mine, share price is irrelevant if your in it for the long run.
Comment by
mstettler on Aug 17, 2016 6:21pm
Is barry going to be Canada's number one open pit mine? Have you heard of malarctic or detour lake? I didn't realize there are profits to reinvest?
Comment by
BASTILLEDAY4U on Aug 17, 2016 6:31pm
Yes, I do know about Malartic and the class actions and the other bad things going on up there. That's what happens when investment bankers put on a show. And yes, Metanor has profits otherwise there would be no money explore and run a mill.
Comment by
tsoprano1 on Aug 17, 2016 6:40pm
And yes, Metanor has profits otherwise there would be no money explore and run a mill. Ah, actually that has come from multiple PPs over past couple years. Profits have been few and far between. In fact so seldom you would think I could recall the last one. But, my memory is not that good. T
Comment by
mstettler on Aug 17, 2016 6:45pm
The exploration money came from a share offering which resulted in massive dilution. They did not have the money otherwise.
Comment by
mrmarket1 on Aug 17, 2016 6:23pm
no -- share price can often cause low buyouts and extra financings
Comment by
mstettler on Aug 17, 2016 6:19pm
Dissapointment over moroy, smaller resource, low production, high production costs, high long term liabilities. They may not be able to repay the 7.5 million due in one year without a serious share dilution. Frustration with management. Let me know if I forgot something.