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Metanor Resources MEAOD

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

Bullboard Posts
Comment by gahdcon Aug 17, 2011 1:34pm
261 Views
Post# 18952247

RE: RE: RE: RE: september target price at 0.48

RE: RE: RE: RE: september target price at 0.48"other prospects which they would then have the wherewithal to develop."


Yes, full production at $1750 gold price would be throwing off over $4 million a month cash. That will buy a lot of drilling and exploration, maybe even some nearby claim aquisitions. If Barry resources increase this year, however, I would think their first use for that money would be to finance a mill or concentrator at Barry.
Bullboard Posts