Metanor Resources MEAOD

Near Surface...

[u2bob]

... game changer for MTO ...if drills prove up shallow resource ...strip ratio and overbuden will be nothing at this shallow depth to extract high grade gold  ..with the mill so close ...maybe we will be able to bump up closer to its 1200 ton per day capacity depending on the ore material ...big equipment shallow high grade gold spells low production costs per ounce and  close to mill spells CASH COW ! ...I have been buying more at this level been waiting for something like this plenty of gold around to keep this mine running for many years at 1500 + Canadian dollars per ounce no brainer ...nothing else out there even close to this price and potential already producing...imho...

Later
Bob

[ramblersrest]

Now that the rally has stabilised perhaps it is ok to mention that it is a pity they did not give the detail spacing on the 10.1 gms over 26 meters ....Often a very narrow high grade portion is not declared as such but blended over a large area giving an inaccurate description ....Hope that is not the case but who knows ?

[wind00]

I suspect there is more coming and we might be in a quiet period. no proof, just a hunch. can't get any info.

[ramblersrest]

The comment regarding visable gold at 10.2 meter point is not good being left in the air ....The lab must have advised the company grades for short spaces 1 meter or so but the company just sat on it and mixed it into one brew over the 26 meters .........

[tsoprano1]

It has occured to me that the delay may have indeed been for more than drill results. I am not sure on the protocol when an offer is presented, but in some cases the BOD can say no without presenting to shareholders. We very well could have been offered a lowball bid and it was turned down. Could have a new one or improved one down the line. Also could have competing ones on the way. Just

[wind00]

shareholders would have to vote..  I don't think an offer is it. we still have all the shares from last financing... many will be sold to be replaced with the warrants. so + half or 1 cent is ok for the computer traders. I wonder how many are left.

[u2bob]

I think there is more to this ..the frequent use of the words Large anomaly in the NR sure makes me think they are onto something...until drilled out they have to bite their tounges on this till proven... Initially, hole MO-15-08 was drilled in August. Following the results obtained from this first hole, a geophysical survey using a hole to hole -- induced polarization (H2H IP) method was

[JRaffles]

Who said ...... "the best place to find a gold mine is next to an existing mine"

[pdcon1]

holes are drilled on an angle the next holes must be drilled with a new azimuth in relation to the original hole to define true width and possible deviation to the depth . This is very interesting. and coming together nicely . They probably need a lot of holes to figure out the anomaly size

[pdcon1]

copy of map area drilled

[u2bob]

[pdcon1]

thanks for posting couldn't post it

[u2bob]

No worries.. looking forward to higher gold prices ....and shallow high grade gold drill results in the coming weeks...should be interesting times ahead ... Later Bob

[pdcon1]

did a comparison to New Golds Rainy River mine that will be open pit and shaft driven they are spending 850 million to build the mine alone . MTO true value will surface soon , good luck.