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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 Jim123on Feb 26, 2016 8:08pm
141 Views
Post# 24600737

Earnings

EarningsIf you factor out depreciation and depletion cost and the cost of exploration drilling we broke even.We just need 6 plus grams per tonne to make a profit.Money at the end of December will cover maybe 35000 metres of drilling .I don't remember seeing a lot of results on 18000 metres drilled last quarter.
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