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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 > A little volume today
View:
Post by farmboy75 on Dec 28, 2017 2:05pm

A little volume today

Some fairly large buys @ .70 , and then a little dump of 4,000 shares to keep it down. Somebody is accumulating but dumping a few shares here and there to keep the price down. Perhaps a buyout is in the works as there must be consolidation in that area to make it feasible. Not all the players are going to build their own mill. Takes years of paperwork to get permited for a new mill. Much easier to just buy a fully permited mill and get a bunch of gold to boot. Will be interesting to see who finally steps up to the plate, KL ,or OSK, or ???
Comment by goldhappy on Dec 28, 2017 2:25pm
All good points farmboy. Somehow it will be consolidated. MTO has the mill OSK has the high grade...fastest return will be the highest grade. I see KL under Tony baloney using Sprott finanial backing take it all under KL or a new name........ It' s not far off time wise. Too much gold ready to mine at OSK.
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