Re: Here it is!

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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emir

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Re: Here it is!

in response to

Re: Here it is!

rgrowden

posted on Sep 22, 2010 08:15AM

The results were reasonably good, however the market does not buy that in. Share price has fallen since the release. This is a puzzle for me. Perhaps the market does not believe that the company is able to convert ounces in the ground into future cash flows?

Why valuation is so ridiculously low?

There is an efficient markets theory which says share price includes all available information. Maybe there is something out there which we know not?!

On the other hand it may be the case that the market does not properly value Metanor, maybe it is a buying opportunity?