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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--read the good news folks
View:
Post by psych01 on Sep 18, 2017 7:49pm

re--read the good news folks

Bot--as I said this is simple--I think it's a dog deal; tomorrow the people speak and there's nothing you or anyone else can do to change that.  My initial impression is that this simply adds to the burden of a company already burdened with very little money coming in and lots going out to a speculative resource at Barry (granted some promising structures but before any ore is shipped from there the costs are enormous). But we'll see tomorrow who is correct.  I'm not afraid to admit it when I'm wrong so I'll check in and do the right thing at the end of trading tomorrow.  IMO
Comment by heystupid on Sep 18, 2017 7:56pm
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Comment by heystupid on Sep 18, 2017 8:02pm
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Comment by LiTeOn1981 on Sep 18, 2017 8:07pm
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Comment by LiTeOn1981 on Sep 18, 2017 8:08pm
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Comment by LiTeOn1981 on Sep 18, 2017 8:13pm
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Comment by heystupid on Sep 18, 2017 8:24pm
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Comment by tsoprano1 on Sep 18, 2017 8:25pm
"All in all, nothing will impact us for the next 2 years or so since it will take 60k ounces to be produced from Bachelor before SSL gets their 12k ounces delivered." Well, other than the few million shares they may want to sell into the market. T
Comment by heystupid on Sep 18, 2017 8:37pm
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Comment by trader3000 on Sep 19, 2017 6:09am
Great news. The way I understand it is that the 12,000 ounces is total, including past production. This now allows MTO to focus on increasing production at Bachelor. Awesome
Comment by LiTeOn1981 on Sep 19, 2017 7:20am
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Comment by deslug1 on Sep 19, 2017 7:55am
I was under the impression from the news release that the whole transaction including the delivery of the 12000 ounces was to be completed by Sept 29 2017. Where does it say that it will take 2 years to deliver the gold. In that case the new agreement would not take place for 2 years. Do they not already have the gold in storage to complete the transaction by the 29th? I don't know...   ...more  
Comment by LiTeOn1981 on Sep 19, 2017 11:13am
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Comment by harleyonvacatio on Sep 18, 2017 9:46pm
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Comment by palfryville on Sep 18, 2017 8:09pm
Psycho, while I am relatively new to this particular party, I will offer some advice (as you often do).  You should take a bit more time than you have (if you are genuine), to consider a deal's implications.  With your very quick proclamation, it appears you are only looking to advance a previously formed opinion/agenda. my guess is that tomorrow you will either say: - if the SP ...more  
Comment by LiTeOn1981 on Sep 18, 2017 8:16pm
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