Metanor Resources MEAOD

Imagine

[Wolfin13]

What a great buying opportunity MTO is at these bargain basement prices...........

Put a buy order in for a week/month at 0.045 and see how many bargain shares you can pick up....

Should be close to the gold market reversing and you will kick urself for not buying

Not sure why posters here continually complain.............because its so so dumb dumb

have a plan and stick to it

MTO shares will rise as POG gets through the resistance lines, pays off its debt and or will be taken out sometime soon

GLTA

[wind00]

you are correct, but... why not buy at 5c ? it's a sure thing. whenever we move higher the price may change faster then we think. I don't want to be a day or an hour too late and regret it.

[Wolfin13]

Buy at market then !!!!

[u2bob]

I would like to see them maybe make another deal with Sandstorm on another streaming deal for Barry gold ...where the company could maybe pay off debt and enough for a feeder mill...now that Sandstorm is flush with cash it could be a win win for both companies ...and add asset value for MTO and long term supply for Sandstorm and no debt for us as a producer would be viewed as a positive by the

[Wolfin13]

Sandstrom is a form of a derivative .... why ... Cdn gold $ is making money right now I would wait until POG is over $1,500 USD an ounce and then the rates for borrowing would be much more favourable for MTO ... not the lender as it is today.............and better for shareholders and mining Barry would make much more sense at a much higher gold price IMHO Thoughts on Barry

[Wolfin13]

CORRECTION Sandstrom is a form of a derivative .... why ... Cdn gold $ is making money right now I would wait until POG is over $1,500 USD an ounce and then the rates for borrowing would be much more favourable for MTO ... not the lender as it is today.............and better for shareholders and mining Barry would make much more sense at a much higher gold price IMHO Thoughts on Barry..........

[u2bob]

I am thinking more along the line of a feeder mill ...for open pit design and retiiring the 9 mil debt and not taking on more debt ...so if Sandstorm can afford us that freedom on a gold stream  deal on Barry that would allow us to retire debt and build a feeder ...we could start buiding a war chest with no debt until prices increase and then think of expansion of the main mill and other

[ramblersrest]

Another gold stream is just not what we need ...Low POG would mean lower price to the streamer undeserable for takeover or an earnings producer ....With the retirement of the Quebec loan MTO will have those payments to add to the present cash accumulation .....Will be interesting to see an update next week regarding the loan pay-off and current cash position .......WHY do we have to be taken out

[trivela]

I totally agree with you. And don't forget that in September Hydro-Qubec completes the construction of the new electrical substation 25 km away from the Bachelor mine, which will increase the total available power at the mine. Metanor can then increase the mill capacity - now capped at 800 tpd for Bachelor hard rock - with a small investment ($2 to $3 millions, it seems) and start

[ramblersrest]

And I totally agree with you ....Far better to spend on a power line as opposed to throwing money away on buying shares and burning them ...A 50% increase in production with no royalty gouging being in sight is a game changer ....

[u2bob]

It all sounds good as long as we do not finance again at .05 ...I hope we get rid of the debt its a drag and handcuffs this company... say what you want about a gold stream good ,bad or otherwise ...I still think its better than raising money too service debt at .05...putting in a buyback NR costs nothing until you buy shares...if it helps great ...also may help prevent a lowball bid on any

[tomgranite]

Do they actually need to do a refinancing? Why not plod along as they are for the next few quarters and pay off the debt as they go. They will then have enough cash to pay for the mill upgrade when the power company is ready to supply the higher power to the mill.

[u2bob]

It looks like thats what the company is trying to do now ...if what the NRs have been say ing we should be getting better numbers with higher grade gold ...we should be finding out soon !

[LiTeOn1981]

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