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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 Sep 22, 2016 3:26pm
96 Views
Post# 25267125

RE:RE:RE:RE:RE:Get ready for more dilution

RE:RE:RE:RE:RE:Get ready for more dilution
PMInvestor08 wrote: Osisko is the answer.  I can't understand why they have not moved yet.  They could buy the mill at depreciated value of $45-50M and essentially get the Barry pit for less than $10 per ounce in the "shallow" ground.

The alternative for Osisko is 5 years for any revenue.  They are too big to keep drilling away their funds.  They need to make a stronger move toward actual production... even if it somewhat temporary (3-5 years).  Windfall is getting mature and is a huge winner of a deposit.  


I think they are just waiting for us to drill and see....from what I have heard SOUART PROPERTY has gone well so once they do a little more drilling at Windfall and us at Barry we may have our answer remember every day that goes by there stock price has been moving up MM doing a good job ...SO WHEN THEY DO STRIKE NEXT it will be a stock swap even if its not us next sooner or later they will be coming OSK ROYALTIES NEEDS THEM TO BECOME A PRODUCER SOON ...NOT IN 5 YEARS !



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