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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 > $5.00 or 5x
View:
Post by gnote1 on Oct 06, 2017 3:06pm

$5.00 or 5x

Looks as if the SP is being locked into a trading range of .75-.77

So will a buyout be at 5.00 as some have suggested or a 5x, or 3.75, not a bad return on ones investment here. 

Sprott and company will expect a hefty return on their investment. 

Interesting times.
Comment by tsoprano1 on Oct 08, 2017 11:40am
gnote, first off, companies seldom get bought out at multiples of price. Usually 25-40% premium. Second, you keep missing the big picture. Sprott isn't looking at a buyout to make him money. He is looking at the property down the line to make him money. What you guys are missing is that Sprott isn't going to buy out this company at a huge premium and cut his own throat. Rather he will give ...more  
Comment by heystupid on Oct 08, 2017 12:42pm
This post has been removed in accordance with Community Policy
Comment by Highwired7 on Oct 08, 2017 1:14pm
T, if you are looking for 100-500% gain, you need to take a serious look at Golden Star Resources (GSS), @.75, solid news coming out lately, actively transitioning into a low cost mid tier company, will definetly be $1 by years end, plus $2 in 2019.
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