OTCPK:MEAOD - Post by User
Post by
btrevorbon Mar 12, 2015 1:23pm
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Post# 23514408
News
NewsSome say good some say bad, without any real detail it's impossible to say other than they need to do more drilling to prove up this anomoly. All in it appears to have lower g/t than feasable and would consititute creating a new shaft etc. which is not a reality.
More importantly (as usual) is what was not said.
1. No production report for last month
2. Metanor plans to concentrate it next surface exploration activities in this sector which present the best discovery potential on the Bachelor Property.
Read it carefully "the best discovery potential", not a good thing at all if they are to expand the resource. All those drill results everyone has been waiting for have now been confirmed as lower grade than these fairly dry holes. Looks like no extension to mine life until post 2016 and additional drilling.