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Bullboard - Stock Discussion Forum 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 Discussion

Metanor Resources > IAMGOLD Miners trapped
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Post by btrevorb on May 26, 2015 3:59pm

IAMGOLD Miners trapped

Looks like management is taking the right steps to free the miners but it could mean the end of their operation if they are found not to be operating safely. Could have impacts on other operations in the area, most likely a review of the safety systems being used and possible requirements for upgrades.

"Yes we have to be safe, we put lots of seismic surveillance and technology, we put different things to prevent [problems] but in the end it is a mine," said Lehoux.

The union said it will be asking its occupational safety and health committee to investigate and determine if the site is safe for workers.

"If we can't operate safely they'll have to close down the site, because there's no amount of money a company can pay to justify risking a worker's life," said Thibodeau.

Comment by wind00 on May 26, 2015 4:35pm
this is just an example how you like to make a connection to MTO and how this MIGHT have an impact. negative of course. anything you can say to make MTO look worse is good for you. even if you make it up. sure, nobody likes the price where it is, including me. but all the negative talk doesn't help- I guess they will need new value investors who will look at MTO from a new angle. here is ...more  
Comment by wind00 on May 26, 2015 4:35pm
this is just an example how you like to make a connection to MTO and how this MIGHT have an impact. negative of course. anything you can say to make MTO look worse is good for you. even if you make it up. sure, nobody likes the price where it is, including me. but all the negative talk doesn't help- I guess they will need new value investors who will look at MTO from a new angle. here is ...more  
Comment by btrevorb on May 27, 2015 1:47pm
Thank goodness all the miners were resuced within 18 hours.   Some were suffering from shock but otherwise all good. It's always nice to get good news when something like this happens.
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