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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 miketrikeon Dec 14, 2012 1:26pm
146 Views
Post# 20731718

RE: RE: 500 dollars production costs

RE: RE: 500 dollars production costs

I am going by other Cdn producers and being honest/optomistic. Show me a Cdn producer doing $500 costs with similar grade and similar output . Then throw in the costs of the stream. I could care less what a PRE-feasability says. By the way where is the feasability study? Don't call me a basher. I will buy more when the financing is completed even if it is at a higher price. 

 

 

On September 30, 2012, the Company had a negative working capital of $5,704,958 compared to a negative working capital of $7,785,423 on June 30, 2012.


More advanced exploration and development work and the underground development of the Bachelor property will require additional funding. The Company will have to raise funds by way of public and/or private financing, joint venture agreements or other means of financing."



Bullboard Posts