Metanor Resources MEAOD

re--Red Cloud Klondike Strike report Jan 22/18 Read more at

[psych01]

This will be a trucking operation --Barry ore to Bachelor.   $1114 Cad----$900 USD. Cash costs.  What about All In Sustaining Costs.  All that matters is the net profit, the real net profit---cash money in the bank.  What is your projection about that.  2018 is very much 'I'll believe it when I see it'.  If MTO comes out with a real NR, not someone else's speculation, stating unequivocally that they will ship Barry ore to Bachelor at grade sufficient for a net profit, with the NSR replacing the gold stream--I'll take a serious look.  Remember the NSR is going to apply to Barry and any other MTO ore sources.  And forget about MTO buying their way out of it--it's several $million for each, each property to be released from the NSR deal.  As I've always said, I look at things strictly from a business point of view and if MTO presents a good opportunity I'll seriously consider coming in.  This company is in no position to sell.  If they do it will be about $1.00 and to that I would say--big deal.  Sale is not on--what in the world would be the enticement.  I think the chance of shipping from Barry this year is less than 10%---looking at 2019 for full bore shipping.  IMO