Metanor Resources MEAOD

RE:RE:RE:RE:RE:TRIPPLE THE MILL

[fruitvale3067]

Stupid wrote: GoldH, I always seem to buy my ticket early, but if I bought my first share today this stock would be two bucks soon as I took out the asks to accumulate my current holdings of MTO. The basher or daytrader does not understand our language. It is foreign to them.  It is not fun looking at the share price but I am going to rinse and repeat what has happened many times before for me ... invest to make a lot of money. The MTO news gets better and better, the CEO basically told everyone a buyout (consolidation) is in the mix. He has done it before, he is going to bring us there again. 

Yea, lets discuss some of the things he said. I like this one.

Metanor is also focusing on developing Moroy 1 km south from Bachelor mine which, if successful, could generate enough ore, in the short term to increase the tonnes milled per day to 800 tonnes (the quantity the mill is currently permitted for) from the current milling rate of approximately 525 tonnes per day.  Increasing the milling to 800 tonnes per day would have a significant positive impact. 

It starts off fine then we get to the words "if successful, could generate enough ore, in the short term to increase the tonnes milled per day to 800 tonnes (the quantity the mill is currently permitted for) from the current milling rate of approximately 525 tonnes per day."

There's those words again "if and could". Well what happens if it isn't successful and what do you define as short term? One quarter? two? Sounds to me like they haven't got a clue what they are going to find. 

If they did it would read something like this: Metanor is also focusing on developing Moroy 1 km south from Bachelor mine. In the next 2 quarters the mining plan calls for providing enough ore to increase the tonnes milled per day to 800 tonnes (the quantity the mill is currently permitted for) from the current milling rate of approximately 525 tonnes per day. Drilling will continue to intercept and define the resource as we proceed deeper into the orezone. We will continue to provide updates on ore delivery to the mill in the next quarterly report.

However they didn't we get the infamous "If" and "Could" words. Remember when I said they didn't provide a cross section map of those last drill results so I could see the angle of the intercept. This statement with it's if and coulds is exactly why I wanted to know. Because if it was on more of a parallel path at intercept the hit is not nearly as wide as they said it was. So this statement is saying we may get a short burst initially but it isn't going to last.