'molee' I have owned several 10's of thousands for several months, but I had to pay ASK, to get the order filled. Today bid was at .069 & ask .078, I placed an order for an additional 8k shares at $ .074 & got ZERO.
IMO when you are a producer in a rising PM market, you have to pay to get shares & in this case, as far as Metanor goes, it always seems to be ASK, don't waste your time like I did, trying to save .004, you'll end up witn NO more shares, just like I did. The fact that Sprott has invested in Metanor, brings a lot to the table IMO. Comparable miners that are also producers & even non-producers such as Brazil Resources, are trading for several $'s per share, it seems to me that at 8C or 9C, this makes absolutely no sense at all, specially as they are expanding operations. According to Scottrade the O/S is 431.7M,
they produce 40k ounces of gold per annum which equates to $55.2 Million every year, not counting new operations in development. Someone will eventually wake up, as gold moves higher. GLTY Play it as you see it