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: Volume

Volume

posted on Feb 07, 2009 09:54AM

If someone had access to the trade history from Thursday/Friday we'd have a much better idea of what was going on... was the bulk of the trading happening through one house? or not? We'd be better able to see if it was one player acculumating. If it is was, why acculumate that quickly over a couple of days and drive the price up when you could acculumate slowly... that's is unless you know something we don't and you want in quickly.

Part of me thinks it's silly that we're so happy to see MTO at 56 cents on Friday... yes it's nice it's finally on the up tick...but 56 cents or just over 40 million market cap is ridiculous for this company. I still think if it wasn't for the PP at 45 cents MTO would have been long past 56 cent back in early January.

If it's trading over 80 cents by May they'll have a million in 80 cent warrants coming their way.






Feb 07, 2009 10:34AM
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