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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--consolidation
View:
Post by psych01 on Jan 23, 2017 7:36pm

re--consolidation

If  consolidation goes according to some I've seen it is not good to say the least.  We're probably going to see a selloff  in coming days.  But---there are a few good scenarios.  POG could get back to very decent levels in the World According to Trump.  We see it already.  The Fed threatens hikes, other economic data is pretty good but the USD suffers.  The world in general is a geopolitical mess, Trump just quit a trade deal and NAFTA is going to change---all is uncertain and gold wil be hoarded.  MTO might surprise as to production and cash; it's not totally gloom and doom just more probable than not,.  Also, post consolidation marketing/promotion might catch the eye of some who don't do the penny stocks and MTO, being a producer with good expansion prospects might be more appealing.   Just saying it's not over until it's over. I'm staying because I can use it for a loss --doing pretty good on the mid tiers NGD etc.  IMO
Comment by LiTeOn1981 on Jan 23, 2017 8:43pm
This post has been removed in accordance with Community Policy
Comment by ilovetojumpem1 on Feb 04, 2017 7:01pm
This post has been removed in accordance with Community Policy
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