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Metanor Resources MEAOD

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

Post by fruitvale3067on Apr 18, 2018 9:55pm
144 Views
Post# 27908575

Only 12 days to go...

Only 12 days to go...Until the next quaterly/year end financials are due. Any guesses?
Goldhappy? Stupid? Bob? Larry? Iluv? Pdcon?

For the quarter I say 7300-7800 ounces, and a loss of 3-5 million. The 6 month and year end loss will be ugly. 

Going forward, since they didn't reach Moroy until April, Q1 2018 will also be ugly. Unlss they have start the Barry ramp and are trucking ore to the mill (which I doubt because no news release). Quarter 2 will show us a first glimpse of production from Moroy and maybe some ramp material from Barry. Mill xpansion? Who knows. More dilution on the horizon.  
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