OTCPK:MEAOD - Post by User
Comment by
topoftheridgeon Nov 02, 2017 7:07am
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Post# 26892542
RE:RE:Re Metanor Q
RE:RE:Re Metanor Q Fruit, any statements can be misconsTRUEd to fit any agenda.
I believe Ilove was refering to "the whole year" being "the turnaround story". So the entire year of 2017. (and even into 2018?)
There has been many events and much news to cause investors to be "forward looking" at MTO.
While the past results are important, most are focused on the news since June 2017 and news that is forthcoming.
to each his own. good luck
fruitvale3067 wrote: Ilove wrote:
But the whole year is the big picture .
And some still live in the past .
Production of 35,000 oz. of gold from the Bachelor Mine over the last 12 months.
Cash costs of ~US$880/oz.* at Bachelor Cash
Your funny ILove. In your first sentance you referance the past (Whole year). Then in the next you bame me for looking into the past, lol. You are getting desperate.
So while we can't determine the exact number of ounces produuced for the quarter July-Sept 2017. We do have some information that can get us a range to expect. The math is pretty easy. My quess somewhere between 7500 - 7900 ounces. I
f we use Iloves cash costs of $880/oz US that means MTO should earn a profit of 7700 X (1250-880)= $2,849,000US X 1.25ca = $3,561,250 Ca
We'll know for sure in the next couple weeks.