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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

Post by btrevorbon Mar 30, 2015 12:36pm
74 Views
Post# 23577181

Lazy NR

Lazy NRGranted it is nice to see drill results that report a good grade but when you can't even change the wording from the last drill NR people will start to sit up and ask "Is this creditable?"
What is the progress towards the stopes from last report to this one?
P.S. true width between 50% and 80% means it is only a 2.9m vein which is rather small, you can't make a production tunnel this size so dillution will be inevitable, in the range of 25-40%.

Repeating that you are doing the same thing and not releasing the 2014 drill program results looks to me like someone is sifting through the garbage trying to find something good to report.
Let's not forget this drilling has cost well over $3 million dollars.  I would expect the report would contain some fairly detailed information, but alas it is not to be, just vague estimatations.

The potential stopes could be developed within months since the junction is located within 30 meters of the existing excavations on level 13 and 14
Read more at https://www.stockhouse.com/news/press-releases/2015/03/30/metanor-intersects-8-64-g-t-over-5-8-meters-at-bachelor-mine#89wuEy14K3em2eyA.99

That's what you said last time, so what's the progress towards these stopes?
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