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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 > MD&A and Financials on Sedar
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Comment by fruitvale3067on Nov 29, 2017 9:25am
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Post# 27053096

RE:RE:RE:MD&A and Financials on Sedar

RE:RE:RE:MD&A and Financials on SedarIt's called "Economically Mineable Ore" 

It you want to know how bad this was they lost $713 for each ounce they produced and the average selling price per ounce of gold for the quarter was $1610 Ca or $1285 US. Which means the AISC = $2326 Ca. or $1860 US. Which shows you how much management costs are effecting this company.  

Two more quarters like this and I can hear the old PP word being pulled out again. 

I'll read the entire M&A later today and give you a final rap up tonight. Then as promised take a leave of absense and return to see what the next quarterly report says.

 
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