Metanor Resources MEAOD

RE:Better Options this year for MTO...

[fruitvale3067]

OK Bob les take these one at a time:

.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...

The word "IF" is the key word in your response. First, the last two quarters averaged 4.75 g/ton and that was with the higher Hewfran grades. Just where exactly are they supposed to find 5.5 g/ton averrage. 

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...

Again, the word "IF" plays an important role in your response, as in "IF" they add a concentrator down the road. The talk of a concentrator has been looked at in the past  before they walked away from Barry. It was deemed to be to expensive to run power the length required. Plus the latest PEA estimate is for trucking. Stick to what the current documents are looking at and not something in your dreams. I can't believe this your talking about adding a concentrator and MTO don't have a trucking company hired or started mining Barry yet. As to being takin out by a big producer, well you also thought it would happen before the end of summer and we all see how well that went. If you first don't succeed just keep moving the date back.

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...

Bob for the 50th time. SSL has written off all revenue from MTO beginning in 2018 and it's already in their 2018 and beyond revenue and gold ounce estimates.. They have a streaming deal on Bachelor Lake until the year 2052. SSL is a much more diversified company then when they signed this agreement. They are not going to re-do this stream. As for High grade Moss. A lot more drilling has to be completed before this really becomes anything. 

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...

Really? All these options and they are going to produce less this year than last.