Metanor Resources MEAOD

Barry ?

[u2bob]

At what price does Barry open pit gold become viable ? trucking costs and fuel prices have dropped aot over the months ...I would expect Iran oil will keep prices down for a long time once they are allowed to flood the market with new oil..

So Barry do we need 1700 or 1800 Candian an ounce 2 g/t what is the magic number or not viable at all until a concentrator is installed on the property ? Lots of forward looking questions with the price of gold climbing...

1,607.00

+19.25

+1.21%

[BenderAlex]

They definately would need the concentrator... If i sell all my shares at 10 cents, that would solve  all my financial concerns for this year :D

[goldminer01]

This post has been removed in accordance with Community Policy

[BenderAlex]

The offer from Oban will be most likely 0.13$Cad (the book value), because nobody would sell them for less.. If Oban aquires Metanor they will become gold producing company, and their shares will hike too.. Even if they offered 1 OBM to 10 MTO, that would still worth it, because Oban will go as high as 1.5$ after the deal, because they will do far better job thab the current management.. IMHO