Metanor Resources MEAOD

RE:RE:RE:RE:RE:gold correction is over stay tuned

[u2bob]

LiTeOn1981 wrote: MTO's shareprice will improve when they can bring the AISC closer to 1000$, not before. I dont care how they do it, that's all it counts. Higher POG, increasing production, mining higher grades are all contributing factors to a lower cost but they are factors. 

Saying MTO's shareprice will improve with the POG is not really true. POG can go to 1700$ and the shareprice will not move if MTO's AISC rises to 2000$ US. POG is a factor only.

By the way our last AISC was over 1700$ USD. Let's try to beat that this time around.

Hey Lite I believe that is the problem...when you have only one shaft mining ..so you are limited by the grade we are going through...so yes a second front can only work with higher gold price like for Barry ...and that changes everything if you can mine two sites...not held down by streaming agrement or blend if the grade is lower until improves and or switch when the price is good to100 % Barry ...one thing is for sure you have options then ...so if Hewfran has us cash positive now then we are doing the right thing by drilling and adding ounces...and opening a second front...can't live in the past or you get left behind...right MTO !!!