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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

Post by goldennuggetzson Apr 22, 2017 1:24pm
257 Views
Post# 26152878

Said it at 11, I'll say it at 9.2 Pascal and Sprott CEO not

Said it at 11, I'll say it at 9.2 Pascal and Sprott CEO notLast PR. I see marginally plodding along treading water giving 20% of gold to Sandstorm below cost to produce and I see no mention of production plans for Barry, or how Metanor is the Cats-meow or going to be. The two new management heads failed to articulate a vision that is good.
 
The new CEO Greg Gibson serves Sprott first and foremost (he works directly for him in his real job) and Pascal is an operations/geology guy, they both serve different masters and that master is NOT the shareholders at large. Sprott''s guy serves Sprott, and Pascal serves himself and what he knows "rocks" -- none cater to or understand the markets. So you read this Plan and tell me if it inspires you to but Metanor????

"Metanor revised its objective to produce between 33,000 and 36,000 ounces of gold during this current year. The ore extraction below level 14 in the main vein will continue in the upcoming quarters. Also, the main vein below level 14 is open at depth. The underground drilling program will continue during the coming months to discover additional ounces of gold.
 
For the Barry property, Metanor will continue the drilling within the area of the Barry open pit to increase its mineral resources. Additionally, Metanor is increasing the drilling in the Barry camp from one to three drill rigs. The objectives are to extend the mineralisation in all directions within the pit shell, drill the higher grade shear extensions near the pit, and drill the other promising sectors in the Barry camp"
 
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