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Metanor Resources MEAOD

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

Bullboard Posts
Comment by MontyHighon Feb 19, 2009 10:06am
202 Views
Post# 15789269

RE: News... Excellent News

RE: News... Excellent News
20K oz in 4 months (oct..jan) yields 60K oz/year annualized. Should go higher than that as the mill is up 15% with another 25% to go and then higher grade as they go underground.

MTO is one of the absolutely lowest cost / annual oz ratio and lowest price to operating cash flow ratio gold miner I know of.

If you know of one more undervalued, let me know because I'd like to buy it.

And its in the most politically safe location in the world. And a place where you get great tax breaks for doing exploration.

The financials should look really pretty when they come out and the upside from here looks really good to me.

I am very comfortable with my MTO position.

MontyHigh


Bullboard Posts