Metanor Resources MEAOD

RE:RE:RE:MTO OSK Properties would...

[mstettler]

Bob, I know the district.  With the souart property, and then bachelor, they would control a large portion of the trend.  

I just don't think it is resasonable to expect it to happen soon.  I've been watching for 5 years for them to start drilling barry.

The latest drill results were from a couple thousand meters or so of drilling, for the purpose of reinterpreting the gold bearing structure.  Those oz are in the indicated and inferred categories - meaning that there isn't enough confidence in thos oz to project a mining plan.

The best they could do is start a bulk sample and see how it goies.  There is a big difference between M&I oz with a PEA in hand and indicated or inferred oz when it comes to developing a mine plan.

Look what happened to RMX - and they had a PEA on the project but no feasibility study.  If they had a full feasibility they would have known that the deposit could not be mined economically.  

At least it is open pit material so they aren't chasing viens but trust me it is way premature to claim they can mine for 10 years at 35K oz per year and everyone in the business knows it.

That is precisely why I'm more than fed up with these clowns and their fairy tales to lure in investment.  So we will see what develops.