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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 > Flat Share Price
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Post by gatorone on Oct 16, 2017 11:00am

Flat Share Price

I'm a long-term investor in MTO, I like today's news. I was wondering if anyone had any ideas why today's share price is flat, considering today's news.
Comment by romara on Oct 16, 2017 11:04am
Because nobody wants to touch MTO right now because of all the self serving pumpers and BS artist that fill the bullboard with their needless talk ......  Richard
Comment by u2bob on Oct 16, 2017 11:16am
Hi Richard ...don.t let your emotions dictate your investment...trust your DD... Have a good day Richard ... Later !
Comment by ilovetoinvest on Oct 16, 2017 11:19am
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Comment by palfryville on Oct 16, 2017 11:17am
I agree that today's results are very welcome and were telegraphed by iLove et al. - thank you for your continuing information flow which does hold value for me regardless of what the other noisy posters say.  For me the results are very much about a continuation of the company development plan.  I don't think the market gets very excited about infill/extend drilling these days ...more  
Comment by ilovetoinvest on Oct 16, 2017 11:21am
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Comment by goldhappy on Oct 16, 2017 11:19am
Asked myself the same question. My thoughts....low volume. Many long term investors. Not heavily promoted by institutions just yet. Majority shareholders that are in control are building this project. They will define resource....lots of resource. They are billionere investors with expert management and plenty of financial backing. Not in a hurry to sell shares. Interested in churning Metanor into ...more  
Comment by ilovetoinvest on Oct 16, 2017 11:28am
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Comment by fruitvale3067 on Oct 16, 2017 12:05pm
gaterone, here are my thought from an X-shareholder, who looks at this relase from a differnt viewpoint than theultrabull who have said it was great no mattr if th drill came up empty. Thess drill results are nothing earthshatering. It's just more of the same, decent gold grades over very thin veins. Think of it this way. these veins are about the width of two trackhoe buckets. That's it. ...more  
Comment by goldhappy on Oct 16, 2017 1:36pm
Fruit vale you have zero experience in mining. If you did it would show. This is narrow Vienna mining material. Very selective mining methods minimal dilution. Close monitoring by geologists and very careful excavation by the miners. These are extremely profitable narrow Vienna mining deposits. Some of the best and easiest to mine. Blow your inept ability on someone else's board. In fact ...more  
Comment by fruitvale3067 on Oct 16, 2017 1:45pm
Really, if it was so profitable then why did they walk away from Barry years ago. 
Comment by heystupid on Oct 16, 2017 1:55pm
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Comment by fruitvale3067 on Oct 16, 2017 2:51pm
You guys are unbelievable, you act as if they just found 3 million ounces. Yes they found more gold, on a site where they had previously mined. That is good news, I didn't say it wasn't. What part of my good grades over narrow veins is so wrong. That's what these results tell us. Yet that's not good enough for the ultrabulls. 
Comment by fruitvale3067 on Oct 16, 2017 9:38pm
Goldhappy looking at the most recent PEA (November 2016) it shows twice as much waste rock as minable ore. It even includes a Waste rock stockpile design. Another interesting note was Osisko drilled this property in 2006 and 2007 and decided it didn't meet it's large deposit requirements.    your comment of "Very selective mining methods with minimal dilution. Close ...more  
Comment by heystupid on Oct 16, 2017 9:42pm
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Comment by fruitvale3067 on Oct 16, 2017 10:03pm
They have had plenty of opportunities to buy since 2006 and still do now, but they haven't. Not to mention the have made plenty of other investments buypassing MTO. The picture is perfectly clear to me. So far this still looks like a small time operation. 
Comment by heystupid on Oct 16, 2017 10:22pm
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Comment by fruitvale3067 on Oct 16, 2017 11:23pm
And Osisko's cap is worth more then their infrastructure. Go figure.
Comment by u2bob on Oct 16, 2017 2:23pm
Hey gold happy... Maybe fruit should just Google Nippon Dragon resources... If he's so worried about narrow veins... LOL good news today...
Comment by brandy2000 on Oct 16, 2017 1:54pm
  "Results are nothing earthshatering."  These holes are makes of a robust resource and added to the 43-101 estimate will move the needle north.... MTO just needs a more holes like 17-110 which is double digits over 8M. So results are good so far. Still to come Moss & Bach along with quarter numbers? Wouldn't hurt to plunk a deeper hole though would it? BTR has run ...more  
Comment by heystupid on Oct 16, 2017 2:06pm
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