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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.


OTCPK:MEAOD - Post by User

Metanor Resources > The bigger picture.
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Comment by BASTILLEDAY4Uon Dec 16, 2016 7:28pm
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Post# 25613104

RE:RE:RE:RE:RE:The bigger picture.

RE:RE:RE:RE:RE:The bigger picture.
I didn't look at AISC. My theory on producers is they are depleting their reserves because they have no choice. Big money gets cheap gold, investors who paid for the mine, get next to nothing. Should gold ever spike, the low hanging fruit is gone. I am down to two exploration companies sitting on the fence line of a major producer with gold in the ground. Continually issuing shares and depleting investors gold in the ground, IMO, makes no sense.
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