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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 Mar 07, 2017 4:05pm
134 Views
Post# 25946386

RE:RE:RE:RE:RE:Huge Volume

RE:RE:RE:RE:RE:Huge VolumeGold miner, yes MTO is the second largest revenue producer currently. However, and I'll say it again they have already deleted any revenue projections beginning in 2018. The MTO stream will be replaced With a high grade long term Stream from Yamaha. The stream with MTO will most likely stay in place and if Moroy or the main lift is ever taken deeper then the stream continues to produce. If Hewfran continues to produce then it's extra revenue also. If Bachelor lake closes the stream still stays in place for the next miner that comes along and wants to mine it. You guys act like MTO holds the key to SSL's future. 

Let me me give you another example: SSL has a diamond stream with the Diavik mine. They are about to start mining the last kimber pipe. In approximately 4-5 years the mine will cease mining diamonds. The stream will continue but no revenue will be realized. Happens all
the time. Either the mine dries up or they find more. So you replace them with other Streams or NSR's. It's all part of doing business. 



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