Metanor Resources MEAOD

RE:Raymond James now at 1.5 mil shares sold...

[btrevorb]

Tax loss is a factor but what is the catalist to drive the share price up when it's over?

MTO is losing money while at the highest production level they have ever acheived.
Lowered forecast production is only 10 000 oz per quarter which means they will be generating less income than they are currently.
The "cash cost" has been revised to $1000 which is up from previous unproven estimates of $900.  Which will improve when ramped up?  They are ramped up.
The grade is consistantly significantly lower than average reported in 43-101
Several stopes are open but they still can't acheive daily mill rate above 800 or grade above 7g/t

Somehow the mill rate max. has decreased from 1200t/day to less than 800 and more money is needed to upgrade again.  Sounds like another fictional excuse to cover lack of performance again.

POG is inversely related to simulus and stimulus is now being reduced.
Financially It's a sinking ship my friend.
The only thing you can wish for is a lucky drill bit report and a quick exit.