Metanor Resources MEAOD

RE:How long has ILOVE been preaching $5.00 bid.

[larryscrooks180]

Let' s revisit history for a moment. Between November 2000 and September 2011 the flagship HUI index soared an astounding 1664%.
Gold rallied 612% in that same time frame.

Let' s do some back of the napkin calculations.

Production- 200,000 ounce. pa
AISC        - $C 1200.00 per ounce
Price of Gold $C 1800 per ounce
( Note the Canadian Dollar price of Gold was $1740 in the last 52 week period)

$600.00 per ounce X 200,000 per year = $120,000,00

Lets dilute the company to 200MM shares outstanding. Giving the trolls another 80-100MM shares in private placement monies.

Let' s discount the P/E ration to 10 only.
Let' s give more cash for unexpected hiccups and say Metanor generates 50 cents per share in clean pure unadulterated profit.
(We can count the NSR in there as well)

Damn! Double Damn!

The $5. 00 bid looks rather cheap given mighty high dilution, conservative gold price estimate, reasonable p / e ratio, taking out cash for hiccups.

Now you know a secret that Team D has hollered at you for 2 years.

And you thought the posters here knew anything. They know jack- $hit about what is coming down the pike.

I' d also like you to know their are plenty more where these came from.

HA!- Yes Ilove knows the truth.