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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 > Yesterday Repeat?
View:
Post by gatorone on Aug 18, 2016 9:40am

Yesterday Repeat?

Once again this morning, MEAOF down significantly on small number of shares. Strange. Why sell at such a low price?
Comment by PMInvestor08 on Aug 18, 2016 10:04am
This post has been removed in accordance with Community Policy
Comment by Jeepfan on Aug 18, 2016 10:19am
I have lots of shares and if I see a better opportunity like TMM I will sell some to buy that one. Nothing unusual about that.
Comment by mstettler on Aug 18, 2016 10:46am
Precisisely what I have done.  If you make a quick double why not put the money to work elsewhere?  Or you could just sit around and justify the reasons you are stuck in a deadbeat company. Something has to change with MTO.  It will give good leverage to a rising gold price at times but I'm not going to sit for 3 months and ride the shares up and down again.  I continue to ...more  
Comment by gatorone on Aug 18, 2016 10:52am
To sell at 7 cents when you could sell at 9 cents doesn't make any sense. Today's price action in MEAOF is strange.
Comment by fruitvale3067 on Aug 18, 2016 12:14pm
mstettler, I couldn't have said it any better. I moved my MTO shares to streamers and two other  juniors. Just like you I figured I'll make money elsewhere. There is always plenty of time with MTO to  get back in. The streamers have been on a roll, I figured as their share prices continue to rise I can sell some off from time to time and transfer those proceeds to the Juniors ...more  
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