Welcome To The Metanor Resources HUB On AGORACOM

Metanor (MTO-V) is a new Canadian Gold Producer located in Quebec. It reached commercial production on December 1, 2013 and will produce 50,000 oz in calender 2014 with a present all-in cash cost of $1,018US.

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Message: Re: Company Update
1
Mar 27, 2008 07:10AM

Mar 27, 2008 01:27PM

Mar 27, 2008 11:19PM

Hi Bruce:

Someone has pointed out that in the last half of 2007 around 23 million shares were traded in MTO, most of them at $.80 or below. That means when in general there is insecurity in the market and the SP is over $1.00 lots of these shares might be getting sold, thereby holding the price at this level.  However, there are so many pluses to the MTO story that it is doubtful that the price will decline much below $1.00 and, on the other hand, there is an excellent chance for much higher prices within the next few months.


Mar 28, 2008 07:24AM
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