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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 brandy2000on Sep 25, 2017 5:42pm
50 Views
Post# 26739882

RE:RE:RE:RE:When Eric Sprott Is Buying You Should Care Apr. 7, 2016 3:3

RE:RE:RE:RE:When Eric Sprott Is Buying You Should Care Apr. 7, 2016 3:3For all Pumpers here are some numbers to barf on. If any of you really had any idea you would have digested these hard facts long ago. The current operations cant finamce all of these expenditures. 

Add it up Harley, pushing 100 million for a new ungound mine at Barry.
Reference: Harte Gold (HRT) as they are nearly ready for underground production... Similiar mine with narrow, high grade veins that will use long hole stopping.

You really have no idea!!! 

PEA, new 43-101 > 5 million
Environmental Rehabilitation Provision > 10 Million for new underground ops only
Mill Rehab & new construction expansion > 5 million
Mining and Bulk Sample costs > 20 million
Exploration geophysics, drilling and assays > 30 million yet to come
Transportation to Mill > 1 million per quarter.
Site access road upgrades > 10 million
Camp > 2 million
Infrastructure, Hydro & Equipment > 10 million
Engineering and Exploration consultants > 7 million
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