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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 > So..........do any of youi
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Post by silverT on Aug 26, 2015 3:31pm

So..........do any of youi

Know what I'm talking about...........Toronto, Jun 10 Junior explorer Oban Mining has launched all-share takeover bids for 4 fellow Canadian mineral explorers, backed by ringmaster and mining royalty/explorer Osisko Gold Royalties, which is looking to take a 19.9% stake in the New Oban for $C20M. Oban has binding take-over agreements with listed Eagle Hill Exploration, Temex Resources, Ryan Gold and Corona Gold. ..............these companies surround MTO , your turn !
Comment by LiTeOn1981 on Aug 26, 2015 3:40pm
This post has been removed in accordance with Community Policy
Comment by silverT on Aug 26, 2015 3:45pm
Or you could say............they have enough Osisko cash , so why not go for the whole thing with the MTO plant included ...........just a thought .
Comment by tomgranite on Aug 26, 2015 4:02pm
Just because they have the cash does not mean it is economically correct to build their own mill. I think New Oban will drill more holes at Windfall before the PFS and see if owning a mill 40 miles away gives a better payback than building their own.
Comment by wind00 on Aug 26, 2015 3:44pm
nobody here seems to know and whoever knows won't tell us. I'm sure MTO mgmt also wants to know. the price needs to go up or we will be bought for peanuts.
Comment by u2bob on Aug 26, 2015 5:04pm
Temex is gone to LSG ...Eagle hill is were Oban will land with Osisko backer...and lets think about it would it not make sense to lock up some kind of deal with Sandstorm protect their interests as well as ours... like Oban has with Osisiko  Sandstorm has a shelf for 150 million U S set up as of Aug 20th with exchange rate they could do some series shopping in Canada ...This area could heat ...more  
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