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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 > Huge Volume
View:
Post by gatorone on Mar 07, 2017 9:35am

Huge Volume

Volume 1.7 million in 3 minutes
Comment by Pliesbecky on Mar 07, 2017 10:53am
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Comment by Jeepfan on Mar 07, 2017 10:54am
Not many bought into this ruse. People trying to figure this one out and what the true value is if they stop producing from Bachelor and is the sandstorm stream negotiable or not. Does moroy ( it falls into the sandstorm steam) have any value and are they going to drill more on the Moss (windfall) area. Need Barry drill results and resource estimate for this stock to move. IMO
Comment by Pliesbecky on Mar 07, 2017 10:57am
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Comment by LiTeOn1981 on Mar 07, 2017 11:00am
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Comment by goldminer01 on Mar 07, 2017 11:18am
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Comment by Jeepfan on Mar 07, 2017 11:31am
Just to let you know they are not drilling Moroy and have no plans to do so unless the Sandstorm deal is renegotiated this was from Ron at PDAC.
Comment by LiTeOn1981 on Mar 07, 2017 12:00pm
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Comment by goldminer01 on Mar 07, 2017 12:32pm
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Comment by fruitvale3067 on Mar 07, 2017 1:09pm
keep fan, first the stream will cover the Moroy portion of the Bachelor Lake mine. The streaming deal is good until 2052 if I remember correctly. A few longs have mentioned renegotiating the streaming deal. Is it possible ? Sure, however I don't think it'likely. Mainly because MTO has already told its investors they have removed MTO revenues from future estimates beginning in 2018. They ...more  
Comment by Jeepfan on Mar 07, 2017 1:16pm
with the influx of money now going to the resource sector from traditional sources IE banks investment houses the streaming companies are going to find it harder to buy streams thus putting pressure on them from there share holders to increase revenues. Yes it is very possible to renegotiate this stream so every one is happy maybe not now but it will happen. better to get ounces at $700 or $800 ...more  
Comment by goldminer01 on Mar 07, 2017 2:28pm
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Comment by harleyonvacatio on Mar 07, 2017 3:29pm
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Comment by Pliesbecky on Mar 07, 2017 4:03pm
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Comment by fruitvale3067 on Mar 07, 2017 4:05pm
Gold miner, yes MTO is the second largest revenue producer currently. However, and I'll say it again they have already deleted any revenue projections beginning in 2018. The MTO stream will be replaced With a high grade long term Stream from Yamaha. The stream with MTO will most likely stay in place and if Moroy or the main lift is ever taken deeper then the stream continues to produce ...more  
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