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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 hallidas057on May 05, 2016 11:37am
103 Views
Post# 24844473

Question on mill expabdability

Question on mill expabdability
A forward looking question, Is the current mill infrastructure basically maxed out in size for 1200tpd or did they build in the capability to expand to future double/triple production? 

Looking at other recent Sprott investments I wonder if NMI.to could be a future potential suitor. They are on the hunt to become a mid-tier producer through gobbling up under valued producers in North America and other regions. They have the pockets to really move things along if MTO is in their sites. They currently produce 200k/year looking to get to 500K. Granted streaming with SSL could be an issue for them.


Here is a somewhat recent interview with NMI CEO https://youtu.be/lxsPPLcCMek
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