Metanor Resources MEAOD

Smart Savy Wise Management

[goldhappy]

Metanor management are good managers of my investment. Rather than ramp up the production last year they stayed very conserative. Smart not to expand the mill for a one or two year burst of production then fizzle. Exploration drilling has found tremendous zones of high grade gold. They spend time proving out the resource. They build a solid foundation for the future. Proof is in the statement about expanding to 2400 tpd.
That's 4 times current levels. Seems they have fast tracked the operation....identifying more resource , ramping into the resource area , and moving forward to quad. production. Wise folks.

[goldhappy]

The Metanor management timing seems to connect with the likes of Goldman Saks and other large investment firms who are predicting much higher gold prices going forward. Interest rates are climbing as is oil. Higher production levels at higher gold prices makes good scence. Metanor investors will be well rewarded for their patience and the companies investment strategies.

[goldhappy]

Metanor management are wise. Spend lots on exploration before determining the size of the operation. Yep it cost time and money. Will pay off in the longer term. When mining companies build for the future capital is spent. Once word is out on the successful spending new investors will want a piece of the action. I'm thinking banks and other financial institutions. When they want shares MTO

[fruitvale3067]

gold happy wrote: Metanor management are good managers of my investment. Rather than ramp up the production last year they stayed very conservative. Yea they would have looked stupid if they expanded the mill from 800 tpd to 2400 tpd and are currently only putting 550 tpd thru it. "Seems like they fast tracked the operation"? It's been over two year since the mill expansion and

[u2bob]

Has anyone stopped to think what happens if locals approve the mill expansion ? Then what...lol... Have a great weekend...

[heystupid]

This post has been removed in accordance with Community Policy

[fruitvale3067]

It's called more dilution.