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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 AliMcKenzieon Apr 16, 2017 1:00pm
220 Views
Post# 26125525

RE:21.5 million

RE:21.5 million
gnote1 wrote: If my math is correct. The last two PP's could bring 21.5 million. 
What could they do with all that money? 
pay off debt, drill, drill and drill more, permits, increase mill operations? 

Any other ideas?


Barry pit devlopment $8 million

Upgrade mill to 200,000 tpd $7+ million

The rest will be used to increase the exploration budget
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