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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 JRaffleson Oct 31, 2015 1:06pm
134 Views
Post# 24246892

RE:RE:RE:RE:NEWS- Metanor Increases Drill Program for South Zone

RE:RE:RE:RE:NEWS- Metanor Increases Drill Program for South Zone
If the debt free mill was sold for, say $20m cash, none of these proceeds would go to Sandstorm.

What would Sandstorm do in this scenario, as they would be on the verge of losing their gold stream.

Metanor's board could hardly rejct such an offer, as they seem hell bent on dissipating shareholder equity by retaining the mill.

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