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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 gahdcon Feb 06, 2012 12:40pm
370 Views
Post# 19495161

RE: RE: RE: Barry Ore Trucking Economics

RE: RE: RE: Barry Ore Trucking Economics

Raffels: $  57.16 – Profit per ton ore @ 1.25g grade, before mill consumables. Conclusion:- Any ore hauled from Barry would be a positive contribution to profits.

So a 20 ton truck, for instance, would provide about $1,140 profit per trip. Five trucks a day would be $5,700 a day, or about $171,000 per month. Using these conservative metrics, that is certainly a nice chunk of change. Of course we are just playing with numbers here while we wait for mine results to begin to power the rise of the stock price.

 

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