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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

Comment by ramblersreston Feb 24, 2015 9:05am
100 Views
Post# 23458223

RE:RE:RE:RE:Wind00 : ref salaries

RE:RE:RE:RE:Wind00 : ref salariesThe 3 million in PP is 1 million for the loan and 2 million for 2 years salaries ......They need to cut those salaries in half ASP ...Half million per year is plenty to run this little mine in hard times ...Even politicians in hard pressed Provinces are cutting their saleries .....If they cut them in half it would show confidence in management and the company and the PP rate could not necessarily be sl low ....AZX normally trades @ 5 cents but they raise PP @ 10 cents a share whenever they need cash but they get money from a major as they sell them claims in Quebec ....
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