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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

Post by whattifon Jun 19, 2015 4:53pm
213 Views
Post# 23850492

New Mining Journal review of Metanor Resources

New Mining Journal review of Metanor Resources

New Mining Journal review of Metanor Resources https://miningmarketwatch.net/mto.htm for those not up to speed on the story.

The mill presents increasing opportunity in the gold-rich district -- lots of room to use other rock at mill from other sources, or work something meaningful. Main driver (besides increasing likelihood of acquisition (maybe by whomever might be holding MTO down)), in Metanor's control, is improved grades and grade control underway. Higher gold price helps too. Important factor is their head is above water, they are holding their own well enough, debts in check, and asset values are appealing here.

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