RE: Metanor Agreement on SEDAR"Also important (I think) is the definition of "NEW MINE" as stated onpage 6 of the agreement. My interpretation is that SSL has locked up the"rights" to a % of gold production from any new mining facility on MTOproperties."
"New Mine" means any new mine, within the Bachelor Lake Property, that may be developed by Metanor or its affiliates that is outside of the initial Mine Shaft Area;
It's pretty clear that it's limited to Bachelor Lake property only and not the Barry property over 100KM away, Dubuisson which is even further or even the Hewfran property which is right next door to Bachelor Lake. So I am not sure how you stretched out the agreement well past the Bachelor Lake Property when it's clearly specified to be limited to that. As a MTO shareholder, I had to read this document because if what you said was true, I would dump MTO tomorrow. Fortunately I don't have to dump the stock.