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Metanor Resources MEAOD

Metanor Resources Inc is engaged in the production and sale of gold as well as acquisition, exploration, and development of mining properties. It projects include the Moroy Project and Barry project among others.


OTCPK:MEAOD - Post by User

Bullboard Posts
Comment by btrevorbon May 14, 2014 5:28pm
244 Views
Post# 22562483

RE:with the current recorded float

RE:with the current recorded float OVER 270 MILLION shares out, but who's counting.

MTO is CASH FLOW POSITIVE before costs, but it is not free to dig up so MTO is NOT CASH FLOW POSITIVE.  
Estimated production            $ 58 500 000

Cost for production                $45 000 000 
Sandstorm payments           $ 6 300 000
P.P. (x4) Finance cost           $1 096 800
Ron's hairstyliest                   $142
Drilling                                     $ 6 900 000
Royalties                                  2.5% nsr
Road lease                             $450 000
Stock options                          More than they are worth
Advertising/Road shows       $50000

STOCKHOUSE PUMPERS  Priceless

Loan repayments, we don't make those they just defer them indefinately but one day Alice - POW right to the moon.

Bullboard Posts