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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 u2bobon Aug 18, 2016 12:48pm
152 Views
Post# 25154719

RE:RE:News more gold ...

RE:RE:News more gold ...
BASTILLEDAY4U wrote:

So Bob, do we still need Barry? Selling that property and putting that money into reducing outstanding shares thus increasing our share price would be acting in the best interests of shareholders. Just a thought.


Hi BASTILLEDAY4U...  I hope not ...If you want to become a Mid Tier Producer....you need to be drawing ore from multiply sources...open pit can be stock pliled at mill for processing while other sources of ore are mined and monitored for grade being profitable is the key...and being able to control the grade of ore with price of gold....and plus open pit at these prices is a cash cow...lets put it this way we where able to pay off the 7 million Quebec loan in bad times ...now if we are not taken out and are profitable ...we can buy all the 9 cent shares you like but we need to keep BARRY...imho its the key...good luck...

Later
Bob

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