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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 Mar 06, 2016 1:34pm
140 Views
Post# 24627533

War Rooms of Gold

War Rooms of GoldYou can bet your last greenback on MTO being on the radar...from the likes of Oban SSL and others ?

With gold prices staying at high levels in Canadian dollars ...and expected to climb over the next year... as oil stays low ...and Canada seeing the last of her gold reserves sold off...look out Canadian peso...

Now for MTO best case senerio:

Option 1 - We become profitable and watch the stock move upward quickly as we become a money making producer with Hewfran and then Barry leading the way ...two permitted mines making money one open pit the other underground...cash flow means everything from borrow free money to expansion of mill

Option 2 - Deal with SSL but instead of a stream ...convert the old stream plus cash infusion from SSL into MTO for a agreed apon fair valuation of all gold on the properties for a percentage in the company as an NSR for say 3 % .. could be a win win for both side if the numbers are right ...

Option 3 - Oban would have a real vested interest in the mill and Barry property....for a couple reason first of all is they are years away from being a producer...second of all Barry would give Oban cash right out of the gate as a producer... not to mention a kick to their share price...also the potential to put windfall and any othe properties around barry under one permit an umbrellea of sorts cutting down on time lines for producing...not to mention a better position to deal with SSL

Option 4 - One thing not mentioned around here are the big boys ...you can bet that this could now be on the radar of the likes of Goldcorp and others ...I dont think Goldcorp was exepecting LSG to be taken out by Tahoe ...also Goldcorp lost out on Osisiko so could be a niceliitle payback for them to move in ...with the price of gold were its at anything could happen next...imho

PDAC Show should have lots of interest this year...later

Bob
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