Metanor Resources MEAOD

Grinding along and more

[Quixotica]

Hi folks, another gorgeous morning and promising day lies ahead.

I read the back and forth comments on this board knocking Metanor's progress and so forth.  This is sooo familiar with what I witnessed on the SGR board a couple years back (when they closed the year with a GRAND TOTAL of 8,000 oz. poured!).  We had several posters continuously harping on what was NOT done, NOT mined, NOT advanced, NOT on time etc. etc. etc. ad nauseum.

Well I guess I can agree that many important aspects on MTO's agenda are late or otherwise hanging in the balance for the time being (as was with SGR).  Of course this can be frustrating from the perspective of a shareholder.

However it would be more beneficial to reflect on WHAT HAS GONE RIGHT (as one of our fellow members has recently carefully spelled out for us in great detail on a recent post).  I agree with his points that were mentioned about all the things that can go wrong and cause delays on the path to building a mine -or two.

Furthermore the millions of dollars that have been raised in the open market have been invested in the project where they may not show immediate gain but will pay for themselves over the life of mine.  Such important investments provide for the foundation of the future success of the project - they add incredible value over time - if not immediately.  Such planning and execution is absolutely necessary to get the most out of the project - plain and simple.

If anyone thinks that todays improvement costs are excessive and provided little return as of yet then just imagine if those capital expenditures had to be done in the future when the costs will have doubled or tripled - THAT could derail the company moreso than doing them in the present day.

Building this project is incredibly complex so delays are really part and parcel and happen to EVERY miner - period.  Remember the headaches you experienced when you did your school projects.  Well that was a rinky dink project now try to imagine the complexities associated with building a successful gold mining operation.  They are enormous and will hamper your progress endlessly - until the day comes when the project runs efficiently (minus a few hics)... at which time the market WILL significantly reprice the shares.

When that day is is beyond me, maybe 1 or 2 years away - maybe 10 months.  Who knows.  What I DO know is that it WILL happen and that is the time you will be grateful you kept your shares or regret that you had sold out.  The decision is yours.

So yes the glass may be half full at the moment but I will NEVER look at this glass as being half empty.  Such perception will grind on your nerves and prevent you from seeing the forest for the trees.  By looking into the future (and I don't mean 6 months, I mean years) with a positive edge you will feel much better about your investment (as opposed to so many of the gambles in this industry) and at one point in time somewhere down the road you will come to the realization that 60 cents for this outfit is a true blue STEAL.

As MLK had said "Keep your eyes on the prize"  -  all the rest is just noise and distractions.  MTO will succeed and YOU want to be part of it.

There exist very few companies in Canada or the USA that occupy a similar position as MTO.  Let us be grateful we have discovered this gem.

GLTA L-T shareholders,

Q