OTCPK:MEAOD - Post by User
Post by
bot_feederon Sep 24, 2010 12:11pm
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Post# 17488921
sky high gold price
sky high gold price
Those who tout predictions of sky high gold price to bolster their belief in Metanor:
I too believe gold prices are liable to go way higher. But that doesn't mean Metanor is the best way to play that.
Open pit mining hard rock 1+ gpt gold ore in Quebec (and having to haul it a considerable distance), sounds to me like a recipe for losses even if gold is a lot higher than it is now.
It's one thing to be bullish on gold, it's another to believe MTO is a good way to participate in what one expects will be a bull market.