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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 > re--volume down today
View:
Post by psych01 on Oct 25, 2016 9:09pm

re--volume down today

Granted there's room for lots of improvement.  But the fact of MTO being a producer can't be overlooked as opposed to an explorer.  Explorers are a complete casino level gamble.  MTO can be fixed and still has a potential to strike it rich with a POG major hike or hitting a vein.  Glass half full I guess.  IMO
Comment by fruitvale3067 on Oct 26, 2016 6:41am
Pyscho, there is lots of room for improvement, however nothing ever improves. Grades are falling, the cost to produce the ore is rising. Yes they have the only mill in a gold rich area but it cost too much to run and the last time I checked noboby is bringing them gold to process. This is MTO's last gasp, they are drilling all over the place with the hopes of hitting it big. Remember Moroy, it ...more  
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