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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 u2bobon Oct 31, 2015 12:09pm
121 Views
Post# 24246742

Mill & Properties & PP & Gold

Mill & Properties & PP & Gold We now have a company that has produced for a full year under some lousy gold prices ...from June 30 /14 to June 30/15 Full-year 2015 ... I would say a working mill has some good value...

Total of $55,097,921 in revenues from gold sales;

Properties Bachelor and Barry alone could be sold or leased ...with Bachelor owning 80 % and $500 dollar gold on the rest and our streamming agreement met...we coud option more to Sandstorm or sell it outright to them ..if were just cash we wanted ...and charge milling fees...the real cash will be in the gold ...look at the numbers above and then just imangine higher gold prices and or open pit ...and you can see why the potential here is so great ...

PP will not mean much if we have nothing in the new area drilled ...and the companies Nov 25th meeting will need good news for the AGM....

Gold prices going up ? I think most invested here think so...and with only 2 million shares sold after the NR at .045 cents it makes me think most around here want to see what happens in the next 4 weeks before the meeting... myself included...wouldn't want to be the guy that throws out the baby with the bath water...Good Luck

Bob
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