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: Company Update

Hey Ozgoode... yes that was me you're referring to who pointed out the 23 million shares.  I agree with you completely that on any insecurity you'll see some of these shares being sold...and at these market times there are less buyers which is why we've seen the recent pullback.  The price starts to drop slightly from the recent 1.20 high and some people decide to take their profit and sell which in turn drops the share price further and triggers more selling and so on... but it seems we've hit a level of support at the 1.00 mark.  I'm banking on the share price moving up much higher than 1.20 over the next year which is why I didn't even think about selling at that price.

By the way, over 18 million shares have traded since MTO hit a buck in mid Feb...so that had to have cleaned out some of those cheaper shares.

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