OTCPK:MEAOD - Post by User
Comment by
btrevorbon Oct 08, 2014 2:29pm
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Post# 23011061
RE:RE:RE:News... METANOR intersected 25.80 g/t Au over 5.6 m at Barr
RE:RE:RE:News... METANOR intersected 25.80 g/t Au over 5.6 m at BarrShort answer.
There is once again a lower overall grade at Barry for surface mining.
From 5m to 20m it averages 0.12 g/t which is so low it would be considered overburden.
Positive there is a nice strike but it is at a depth that is uneconomical for recovery at 188m
MB-13-01 | 188.0 | 193.6 | 5.6 | 25.80 |
You have to like the way the splash thE meaningless garbage across the headline and DON'T provide the updated g/t for open pit mining. Let's all try to remember that's why they spent $5 Million of your dollars, to find out what the open pit grade would be. Might be nice if they actually told you what you paid for.
This actaully devalues the company as Barry is officially a dead duck now.
A truthful headline might read.
FOUND GOLD - UNFORTUNATELY IT IS SO DEEP IT WOULD TAKE $100 MILLION TO GET $50 MILLION OUT.