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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 u2bobon Jan 10, 2016 11:46am
99 Views
Post# 24444482

RE:RE:RE:RE:RE:RE:Question on Barry...

RE:RE:RE:RE:RE:RE:Question on Barry...
deslug1 wrote: If they go with a concentrator then would it be possible for them to purchase a good used concentrator plant from an asset sale company such as Gray's Mining or the like? There should be lots of good slightly used equipment and plants out there now from many of the failed mining operations that have been repossessed because of the low metals prices. Time to shop around and be more frugal these days imo.


I agree just like buying the exsisting mill cheap and retro fitting it to your needs ...the same could be done here like you mention ...and this management does have the construction background to get it done ...as far as takeover goes I would think the company has feelers out but would be best to deal with Sandstorm first and maybe work out something seperatly with Oban in the Barry area...but first things first... that being said show a profit going forward and some more good drill results wouldnt hurt ...and maybe an updated corp presentation so investors know what the plan is going forward....management needs to be open to anything now that gold looks like it might start gaining traction...
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