Metanor Resources MEAOD

RE:Working for Profit

[fruitvale3067]

goldhappy wrote: Working for Profit

The increased bulk sample at Barry has many objectives. The geology has in all fairness been turned to Swiss cheese in the area the sample will be taken. The ramp and associated development is expensive mining capital. This cash is difficult to acquire from management and major investors.You must have a proven resource and return of value. They are not government spenders. This is the private sector. The difference is black and white.

The ramp and development test is to aquire metalurgical data and compare extraction results against MRI calculations for future profit estimates. Yes massive geological data will be gleened. The vertical shears and stringers of gold make for narrow vein mining. Viens pinch and swell. Vein gold content will be sampled assayed and mapped. Wide zones may be set up for vrm mining blocks. An interesting set of diagonal gold bearing veins cross the vertical shear zones. It is quite possible many vrm mining blocks will reach across all stringers. Cheap bulk underground mining!!! With a bit of luck these same vrm mining zones located close to surface will outline an open pit...very cheap mining costs. This test ramp is in my opinion the start of the Barry Mine. My long holdings represent a major chunk of my retirement capital. My decades of experience insures I sleep well at night. Thanks to team d and ilov for their blogs and opinions. Icing on the cake.

Goldhappy, I'm only going on what the company has provided. You have added a lot of words like may be, quite possible and other assumptions that haven't been proven one way or another. Like I said just like Moss, when they initially came out with drill results. Many of you immediately thought it was the next high grade windfall lake high type gold camp. Now it looks like it's been abandoned and they have moved onto drilling another area. I've heard to many promises from this company that have never come to past. I prefer to take a wait and see attitude. Up to this point new managemnt hasn't proven anything to me from a operations or financial standpoint other then they have been able to find investors to fund this latest round of drilling and expansion (if you want to call it that). So far the results have not been good but they are just now getting to the new deposits at Moroy, and getting ready to test Barry. So we shall soon see if it's going to pay off. They are going to have to show they can have some self sustaining operations over a priod of time or we just go back to more PP's and dilution to continue to fund operations.