Metanor Resources MEAOD

RE:Ronald Perry Interview...

[mstettler]

fruitvale3067 wrote: from back in February 2016.

I suggest both bulls and bears take a very careful listen.

One very interesting point that was very briefly discussed (maybe 10 seconds worth towards the end) that I didn't know about was MTO was bidding on the Windfall lake property but lost to OBAN. Interesting, they were a competitor against Oban. Well this opens up all kinds of interesting thoughts and theories.

https://www.youtube.com/watch?v=Bvs305W7AAc

That was funny. There is no comparisnon between barry and windfall at the time of aquisition - eagle hill had just come out with a strong pea with 480/oz cash cost using 1200 gold base case. That is why oban paid a 260% premium to eagle hill shareholders.

Anyway, where was MTO going to find 20 million to even be in the running for windfall. The only thing this management has been really good at is spin.

For those that have taken the time to read the windfall pea you will notice that only a very small % of inferred oz are included in the production estimate. That is because the conversion of inferred oz to minable oz is typically small. Further, the grade of the inferred oz is not a factor in skewing the overall grade of the project.

Go back and read the mto pea on barry. They have used all of the inferred oz and artificially skewed the grade upward by 80%. Management spin.

Not bashing - reality. Management should be criminally charged for the amount of deliberately misleading information they publish.