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Metalore Resources Ltd V.MET

Alternate Symbol(s):  MTLRF

Metalore Resources Limited is a mining exploration company. It is engaged in natural gas production and gold exploration in Ontario. It owns and/or controls over 40,000 acres of petroleum, natural gas and mineral leases in Charlotteville and Walsingham townships in Norfolk County, Ontario. The natural gas is produced from 83 wells in two townships in Norfolk County, Ontario and is distributed to 150 commercial and residential customers along gathering pipelines via a cooperative agreement with Enbridge Gas Inc. It is involved in joint venture exploration with Equinox Gold Greenstone Gold Mines on the Brookbank gold properties, Thunder Bay mining district. It retains a 21-26% Joint Venture interest in 600 gold mining claims in the prolific Beardmore-Geraldton gold belt held by operator Greenstone Gold Mines. It retains a 1% NSR on the main gold-bearing property of 18 leased claims. It explores Northwestern Ontario for gold, copper, zinc, lithium, platinum-group elements and diamonds.


TSXV:MET - Post by User

Bullboard Posts
Comment by otcmoonboundon Feb 21, 2008 1:23pm
384 Views
Post# 14521636

RE: Clarification to my prior post...............

RE: Clarification to my prior post...............What are the rules on the release of news? I'm pretty sure negative news must be released in a timely way but not sure about positive news. Regardless of what the news is, they need to keep shareholders better informed. An oddly worded statement from our fearless leader, but I like the excitement.
Bullboard Posts