METALORE RESOURCES LTD - MET:TSX

This company has been in my portfolio for a while now. Since I purchased it, the stock has gone down about $1.50; however, I feel it is on the rebound.

It is engaged in exploration and development of precious metals like gold, and hydrocarbons throughout Canada. They have 87 producing gas wells, and counting.

Visit http://www.metaloreresources.com/ for details.


Unlike many companies, Metalore Resources does not have any debt, and the lowest number of outstanding shares on the TSX, paying out dividends since 2000.




Metalore Resources reached over $25 a share in August of 2007. See, http://www.stockhouse.com/tools/?page=%2FFinancialTools%2Fsn_advancedcharts.asp%3Fsymbol%3DT.MET%26subnav%3Dadvanced.

It recently reached a low of $6.00 but is now trading around $6.20. Consider buying 100 to 200 shares or more now, before it rises. Its a solid company with a proven track record, and has maintained itself well.