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News Focus
Silver North Intersects 1.83 metres True Width of 1,088 g/t Silver, 3.90 g/t Gold (click to learn more)
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Metanor Resources MEAOD

Metals & Mining Gold Industrial Metals & Minerals
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

Metanor Resources > Suggestion for the MTO's management
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Comment by mstettleron Jun 14, 2016 11:41am
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Post# 24963831

RE:RE:RE:RE:RE:RE:RE:Suggestion for the MTO's management

RE:RE:RE:RE:RE:RE:RE:Suggestion for the MTO's managementYou keep claiming the bottom is in and next stop is 15 cents.

The market doesn't agree.  

MTO only had 6 hits from Moroy at surface.  Yes the grades were good but that doesn't make an open pit mine.  They would need to define the deposit by drilling hundreds of intercepts from surface.

When gold moves higher it will pull MTO up with it.  But as others have pointed out the shares have not done anything as other juniors have marched higher.  

I said many, many times that it was irresponsible to be pumping the shares at .12 when there wasn't any news of substance, only hype surounding a handful of drill holes.  

Seperate the hype from real news.  The real news is that they continue to lose money with an uneconomic mine.  Moroy at depth so far is lower average grade than the existing mine.

We'll see what the updated technical report of barry looks like.


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