Metanor Resources MEAOD

Eric Investing Now Makes Sense ...

[u2bob]

I find it rather interesting that Eric Sprott has started buying in the open market ...now that gold is holding over 1600 Canadian ... And Moroy about to show some drill results ...I would bet the potential of Barry as a second gold front for MTO has Eric rubbing his hands togther...Barry area is busy these days and I believe Eric has some interest in Kerr mines and recent deal for 10 million common shares of Bonterra to Kerr mines makes it a little more interesting...Bonterra is our neighbor in the Barry area...

https://www.stockwatch.com/News/Item.aspx?bid=Z-C%3aBTR-2355114&symbol=BTR&region=C

These comments from Eric below a couple years ago make a lot of sense now that MTO is moved into Hewfran higher grade ore... Moroy dril results and Barry open pit...

On the subject of Metanor for a quick second. They also have their Barry deposit, I guess they produced out of an open pit scenarios a few years back for a while to prove up the Bachelor mill before the Bachelor mine was ready. And since then they had SGS Geostat geological firm come in and suggested the Barry deposit is comparable in potential to rival other multi-million ounce deposits such as Osisko's Malartic gold deposit and Detour Gold's Detour deposit. Barry appears a second gold production front for Metanor in time. Osisko we see today, you know a lower grade deposit, it's a target obviously of Goldcorp -- one would think that something like Metanor's deposits and production scenario would be a target as well for a major.

Eric Sprott: Totally, you know, you see we all forget where gold was and why it was there, and of course the reason why it was there are all the same. And if we ever got our head back around to okay it could go back up there again. I mean think about what having that extra deposit there would do for a company like Metanor, all of a sudden you got a second producer who can generate as much as the existing mine. That's why these things can change so quickly, you can double your output with a little bit of good luck in the precious metals market. And not even good luck, I mean common sense in the metals market, which we didn't experience here in the last two years.

https://www.silverseek.com/article/interview-eric-sprott-12858

Happy Easter ...
Bob