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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 > MTO down again pending Bachelor upgrade
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Post by psych01 on Aug 08, 2018 11:15am

MTO down again pending Bachelor upgrade

In my view the SP languishes for two reasons.  1. the massive rollback a while back and the inevitble slide back---usually happens when a rollback occurs without spectacular news, and drill results although interesting does not equate to spectacular news.  2.  all informed investors know that there can be no protitability in the new BTR/MTO entity without a significant and costly upgrade to the Bachelor Mill.  What that enormous cost will be is pure conjecture until much more is known.  Meanwhile, we watch with interest but find this much too speculative to come in at present no matter what results are published.  The Bachelor upgrade must be spelled out first.  IMO
Comment by heystupid on Aug 08, 2018 12:46pm
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Comment by goldminer01 on Aug 08, 2018 1:42pm
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Comment by ilovetofryem on Aug 08, 2018 1:44pm
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Comment by iluv2buyem on Aug 08, 2018 2:31pm
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Comment by goldhappy on Aug 08, 2018 4:51pm
Heh smarty....you took too many shares. Had trouble at the bargain basement store. Paid up and still got a slice of the action. That's key now. Seems were bouncing on bottom before lift off. And lift she will. This company is far from straining for finances. They are in fact dripping with gold and cash. They are after all a producer....an every expanding producer....equates to growth ...more  
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