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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 > Merger of equals
View:
Post by trebuh16 on Feb 09, 2017 3:53pm

Merger of equals

Following this week action,

I really think there will be a merger of equals between BTR (0.35), BFD(0.14) and MTO (0.07). BFD and BTR each got 3million$ oversubscription. MTO is generating at least 3 M in cashflow per Q.  Each one will throw in 3M for the Debenture.

We have a mill to process ore from the 3 cies properties, great properties to develop  and money to expand the mill.

What do you think
Comment by Pavel96 on Feb 09, 2017 3:58pm
Totally make sense! Also DGO have some prime land right next to MTO... maybe a byout by the 3 others?
Comment by trebuh16 on Feb 16, 2017 5:27pm
I did not get Many follow-ups. After the new PP from MTO don't you think it make sense. JMHO
Comment by trebuh16 on Oct 13, 2017 4:14pm
I wrote that on 02-09-17. After 8 months , BTR Now 0.51, BFD 0.17 and MTO now 0.75 post consolidation. This Is after Many PP's for each co. I still think it' s the Way to go. What do you think. Trebuh
Comment by trebuh16 on Jun 18, 2018 9:01pm
You read this here. Finally it Is done. Trebuh
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