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Metanor Resources MEAOD

Metals & Mining Gold Industrial Metals & Minerals
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

Metanor Resources > market cap
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Comment by BASTILLEDAY4Uon Feb 17, 2017 8:41pm
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Post# 25864292

RE:market cap

RE:market cap
mitch0french wrote: We are at 24 million market cap and will be at 34.
Bonterra will be at 48 with the new issuing   , with no mill  , no equipment
What is the logic 
Mto with Barry mine is on the same area as bonterra!!!!!!   but    ready to mill soon!!!!!

The future price of gold will be the same for BTR  and  MTO ,so put it  out of the  equation!!!!

MTO must be by market cap almost  the double of Bontera minimum!!!!


The logic is the streaming deal has been bad for shareholders, the gold being mined is being depleting everyday, debt is coming due, Barry may be on or not, appears as they are still drilling, having a mill means nothing if you run out of ore. Read the Barry PEA, not much positive news in it.
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