Metanor Resources MEAOD

Better Options this year for MTO...

[u2bob]

Hi Lite ...if  the company averages around 5.5 grams per ton and mills  234,000 tons per year 96 % recovery rate they will produce around 40,000 ounces ....that works out to an average of 641 tons a day approx...over the year...

Now Barry they are sayying will be 2.61 grams per ton with a 95% recovery rate over the first 3 years...strip ratio of 2.17 to 1...

Question becomes with softer ore how much capacity at the mil ...and if you add a concentrator down the road ...how much could they produce ... I think the real question is will they be around after the drilling and updated 43-101...or taken out by a bigger producer...

Without getting too far ahead of ourselfs the big Question is where is the price of gold going...and I think most here believe up ...and what about SSL ...still lots of questions to be answered ...but for now the 2 big ones are open pit mine life and high grade Moss ...so as long as gold is up there is big money up for grabs in E/V ounces in the ground...

Hey Lite one thing is for sure there is a lot more options this year than we had last year...and all for 8 cents Canadian...good luck...

Later
Bob