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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

Comment by mstettleron May 09, 2016 1:44pm
103 Views
Post# 24854624

RE:SSL MTO

RE:SSL MTOBob, 

I have emailed MTO management twice to inquire about the two previous quarters.  The average price realized for the gold sold during both of those quarters was significantly below the average spot price for gold.

In Q4 they realized $1054 USD per oz while the spot price averaged around 1200 USD per oz.

I have never received any response.

It remains to be seen if grade improves.
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