Metanor Resources MEAOD

Up and away from here on in...

[deslug1]

If this management can get their all in cash costs in line and well below  the increasing price of gold, then we will be on the way to moving up from here. With gold over $1500 cad, costs such as fuel falling and a few more good gold intercepts we should be well on the way to paying off our debts.
It all falls on the shoulders of management and how they handle the reins. They have been given a couple more years of financial breathing room. They need to buckle down and take advantage of it. Only time will tell where we are headed from here. Glta.

[LiTeOn1981]

This post has been removed in accordance with Community Policy

[deslug1]

Dou you happen to know approx what the resource estimate is right now in years? Thanks.

[btrevorb]

Less than two years, that's why the sp is so low. Also they have not been able to maintain grade which is very concerning and they won't report their latest month which was supposed to recover from extremly low grade of previous three months when they lost $4 MM dollars, this compounds the angst as low grade is an ongoing concern.

[deslug1]

Thanks for that info. Looks like lots of drilling with better grades will move us up from here. Lets hope they find a motherload somewhere!

[wind00]

I suggest you call someone at the company. wait for the next official update. don't believe anything posted on this board. FWIW

[wind00]

I suggest you call someone at the company. wait for the next official update. don't believe anything posted on this board. FWIW