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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 moneyhungry87on Nov 27, 2015 6:32pm
105 Views
Post# 24333439

RE:Latest Financial And Operational Results...

RE:Latest Financial And Operational Results...
how are all in costs above $1400 cad? this is a high grade mine...every other mining company has been reducing their all in costs. if gold rallies in USD terms, most likely the canadian dollar will strengthen vs the usd so you really need gold above 1200-1250 usd for MTO to make money and survive. this company has alot of problems there are so many bargains out there id just cut my losses and move on whatever money youve lost you can easily make back plus huge profits with another company at this point in the cycle you need to strengthen your portfolio and cut the dead wood
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