Metanor Resources MEAOD

RE:RE:RE:Poll

[fruitvale3067]

Interesting question, When this company gets out from under the 12,000 ounce stream then things get a little more intresting. Plus they can buy back half of the new NSR's. The question then becomes how much of Bachelor lake ore is remaining and can they produce it for a profit because they are moving farther and farther from the mill. On the other hand we have Barry and it's narrower veins then Bachellor lake that has to be trucked to the mill. The deeper Barry goes the more costly it gets. Plus management hasn't even made a decision to mine it until after the bulk sample is performed. Not to mention a lot of leases on the Barry claims are set to expire in august. Not sure what it takes to re-up a lease but it's out there. Lets hope they do better then previous management did on Barry mining leases. Barry has been talked about for 2 years, Lots of drilling being performed, and ramps being built. Yes they are going to high grade the ramp excavations but there is a lot of waste material as they go deeper at Barry. On the other hand mining permits were allowed to expire after they talked about opening it up), actual mining (not ramp being built) has been delayed a couple times by new management, and now a decision won't be made until after the ramp/bulk sample is completed. Not to mention a lot of leases on the Barry property are set to expire later this year. 

To answer your question: I don't know, still a lot of questions about both properties. As for me something still doesn't feel right at Barry (unless they can find some wide hits). Bachelor lake production keeps falling off also. Is there another option to your question? LOL.

My answer, let me flip a coin (heads it's bachelor lake, tails it's Barry)  It was tails (Barry). But I'll 
believe it when I see it.