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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 psych01on Jun 16, 2018 7:24pm
165 Views
Post# 28182258

Sprott and Kirkland

Sprott and KirklandSprott and Kirkland are heavy into both so this is likely a merger pending financing for upgrading Bachelor. As it stands the Bachelor mill is of little use, the economies of scale considering All in Sustaining Costs---just don't exist at present POG. In my view the merger, if it's a merger, is in preparation to announcing a sizeable PP to expand the mill.  Nobody knows and those who say they know are full of hot air.  And to Stewardpid---why would the SP of a new entity go up with everything sitting in the ground and no way to pour gold at a profit; long way to go before that happens.  But worth watching;  should be interesting at least to see what they've got up their sleeve.  IMO
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