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Metanor Resources MEAOD

Metals & Mining Gold Industrial Metals & Minerals
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

Metanor Resources
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Comment by JRaffleson Feb 21, 2011 1:14pm
288 Views
Post# 18169319

RE: RE: Ok, so now we have the answer

RE: RE: Ok, so now we have the answer
None of this money is for Bachelor - isn't Sandstorm financing Bachelor?

Hi rattle, following your greatly missed abscence, you may wish to be brought up to speed regarding the Sandstorm financing - Sandstorm are providing $20m on a drip basis, as a contribution to the total $35.4m capex required, according to the director's pre feasibility study.

According to MTO's own numbers, they cannot complete Bachelor, even with this financing.
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