Stockhouse.com uses cookies on this site. By continuing to use our service, you agree to our use of cookies. Cookies are used to offer you a better browsing experience and to analyze our traffic. We also use them to share usage information with our partners. See full details.
I Agree
×
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

Privacy Policy | Disclaimer

Sign In

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

or

Privacy Policy | Disclaimer
Please Try Again {{ error }}

Send my password

Return to Login
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.
Quote  |  Bullboard  |  News  |  Opinion  |  Profile  |  Peers  |  Filings  |  Financials  |  Options  |  Price History  |  Ratios  |  Ownership  |  Insiders  |  Valuation

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
Bullboard Posts
User Avatar Image
(0)
•••
Comment by Margreton Oct 17, 2012 11:00am
156 Views
Post# 20493136

RE: RE: Metanor Continues to Pour Gold at Bachelor

RE: RE: Metanor Continues to Pour Gold at Bachelor

They could be profitable at a 30k oz rate. A company like Scorpio Gold currently produces at near 30k oz rate and they are profitable with a high cash cost of $900/oz. With high grade MTO should have a much lower cash cost according to their prefeasibility study. At full commercial production of 60k oz, RP said they would earn a minimum of $30 million, that's over half the current market cap.

MTO was expected to be cash flow positive in Dec., that's only 2 months away.

 

 

Bullboard Posts
Dealroom for high-potential pre-IPO opportunities