Metanor Resources MEAOD

RE: RE: RE: Lets play "when will the news come"

[JRaffles]

I agree that we cannot have long to wait and September 15th is the most likely release date. It may be the Canadian practice to refer to a week by the mid day of the week, rather than week commencing Monday or Week ending Friday, as I would expect in the UK? 

Also, I am not sure what the general procedure is with regard to the timing of the release of information during a business day.  Generally, in the UK important release information is made prior to the opening of the day's trading, or after the close of trading on a business day.  At the time of sending this post, there is no 43-101 information of SEDAR.

At least, if there were to be the 43-101 release in the last half of this week, this will result in new gold reserves being announced at very positive time for gold prices and therefore provide an extra boost for the news.

It would also be helpful if, following the information concerning advertisements for underground mining staff at Bachelor, the directors could use the 43-101 release time to indicate when underground ore will be processed at the planned mill mix with Barry open pit ore.  Until this is ahieved, it will be uncertain as to what the actual standard production cost per ounce may be expected. However, the mill capacity increase to 1,250 tpd will certainly reduce costs by spreading mill overheads over an increased number of ounces of output.