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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

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Post by JRaffleson May 05, 2013 11:26am
210 Views
Post# 21340752

Caesar's Report - Site Visit & Report

Caesar's Report - Site Visit & Report

Metanor Resources – Site Visit

Apr 29, 2013 01:10 pm

We visited Metanor Resources’ (MTO.V) Bachelor Lake project in Québec in March and are happy with the progress that has been made to date. The company is currently producing at a relatively stable rate of 3000-3250oz per month, which brings them in the cash flow positive territory. If we apply a monthly production of 3000 ounces and a sale price ...
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