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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 > Quarterly results
View:
Post by Jim123 on Aug 31, 2016 12:29am

Quarterly results

This company which has only one mine one mill and likely one accountant takes three months to report results.Just how difficult can it really be to calculate results when everything is measured on a daily basis.Large companies like agnico eagles can report within 3 or 4 weeks after their quarters end.My guess no profits,extra cash flow went into drilling....no results from moroy and the conceptual deposit....drift expenses and management salaries.Goodluck to all longs ,maybe we're all saved by a takeover.
Comment by LiTeOn1981 on Aug 31, 2016 8:32am
This post has been removed in accordance with Community Policy
Comment by gatorone on Aug 31, 2016 9:03am
MTO has always used every day allowed by Canadian law (60 days for quarterly reports and 120 days for year-end reports) in releasing financial reports. Today would normally be the day we would see the previous quarter's report (60 days from end of quarter). But MTO chooses to release Q4 report with the year-end report. So we will not see any financials until sometime in October, probably near ...more  
Comment by LiTeOn1981 on Aug 31, 2016 11:16am
This post has been removed in accordance with Community Policy
Comment by PMInvestor08 on Aug 31, 2016 11:13am
This post has been removed in accordance with Community Policy
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