Replies to post #420 on Metanor Resources Inc. (fka MEAOF)

[geodan]

It is undervalued as is?

It has about 40% the revenue of RIC or STADF, yet 15% the mkt cap, EV/Ebitda is the same as STADF and lower than RIC

What does this mean? Its cheap now, and hyper cheap if rev and profits go up. If this is not a fluke, they could ten bag and still be reasonble value wise. Their sub $20 mill mkt cap is tiny for a producing profitible canada gold miner with a mill.

So huge leverage on confirmation of this new vein.

Cheers