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Welcome to the Metanor Agoracom Hub."Metanor" is a junior mining exploration corporation and a brand new gold producer.

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Message: MORE DILLUTION! You gotta be kidding me!

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Re: MORE DILLUTION! You gotta be kidding me!

in response to MORE DILLUTION! You gotta be kidding me! by fireguy

posted on Dec 09, 11 03:06PM (Log in to use the IP Check tool) ^[?]

I agree, this does not look good. As I mentioned before, Ron Perry is not someone I have a lot of faith or trust in. He certainly does not seem to have the small investors' interest at heart. No real explanation for why this is now necessary; no real plan as to what to do with the proceeds; etc. etc. - just a one liner "...to incur exploration expenditures and for working capital purposes...". Even that, of course, is wrong since "incur" is the wrong word, meaning "to come into or acquire". They meant to say "cover" or "pay for". This is really sad - what a bunch of amateurs. Pretty sad!

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