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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 fruitvale3067on Nov 22, 2016 9:36pm
128 Views
Post# 25499607

RE:RE:some people already know ??SURPRISE !!!SURPRISE

RE:RE:some people already know ??SURPRISE !!!SURPRISE tsoprano, I'm not to sure a PP wlll even fly. Who's going to pony up again for a company the cannot make a profit mining 4.7 g/ton? Now, the same people are saying they can make a profit mining 1.8 g/ton at Barry (that isn't fully permitted), plus there is the issue of  438,000,000 outstanding shares, not to mention 9 million in convertable debt. Answer: No one. Time is running short for MTO and it is looking more dire with each passing quarter. The POG was at it's highest point, and production should have increased (or at least that's what we've been told). This should be the best quarter in the past couple of years. If they fail here there will br no place left to hide. 
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