Metanor Resources MEAOD

Metals & Mining Gold Industrial Metals & Minerals

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.

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Metanor Resources

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Post by btrevorbon Jul 31, 2014 8:52pm

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Post# 22800755

Tough market

Even with stellar results and an interview on BNN New Gold can't hold it's SP (-0.12 or the entire value of MTO today)
Compare this release with what we have been reading here and you can see why one might have a concern or twenty six about MTO going to 0.40 or whatever other stupid number pumpers want to throw out with nothing to back up their frivilous statements.

All-in sustaining costs(1) of $745 per ounce decreased by $186 per ounce compared to the second quarter of 2013 driven by lower total cash costs(2)
- Record-low total cash costs(2) of $251 per ounce were down $179 per ounce from $430 per ounce in the prior-year quarter
All-in sustaining cost margin of $559 per ounce and total cash cost margin of $1,053 per ounce