Join today and have your say! It’s FREE!

Become a member today, It's free!

We will not release or resell your information to third parties without your permission.
Please Try Again
{{ error }}
By providing my email, I consent to receiving investment related electronic messages from Stockhouse.

or

Sign In

Please Try Again
{{ error }}
Password Hint : {{passwordHint}}
Forgot Password?

or

Please Try Again {{ error }}

Send my password

SUCCESS
An email was sent with password retrieval instructions. Please go to the link in the email message to retrieve your password.

Become a member today, It's free!

We will not release or resell your information to third parties without your permission.

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 JRaffleson Apr 26, 2012 3:23am
133 Views
Post# 19837469

RE: RE: RE: More misrepresentation - for shame

RE: RE: RE: More misrepresentation - for shame

The site is more promising than we thought. We could double our original forecast.

We should hope for the best …… but there have been no information “leaks” in relation to grade….

If the gold ounces were doubled but the grade were halved, then the cash cost of production would be ~ $1,000 ounce.

The directors have been economical with the release of complete information in the past  and I would have thought that if grades were above expectations, then that production metric would be released in the forefront of any other “off the record” information leaked by the board. 

Some here have questioned the excess mill capacity …… but if the ore grade was lower than expected, then the ball mills may have to be worked to their limit in order to crush lower grade ore.

 

 

 

Bullboard Posts