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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 > Gold Bull Market Spanking Permabears
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Post by wind00e on Mar 03, 2016 11:29pm

Gold Bull Market Spanking Permabears

Welcome to Dystopia Episode 16: Gold Bull Market Spanking Permabears


https://www.youtube.com/watch?v=exosOMlC8vk
Comment by pdcon1 on Mar 04, 2016 7:28am
would not be surprised if mto has more drill results from moroy and as the price of gold goes up more emphasis goes on starting up Barry . Now sandstorm would come in the picture to fund Barry . Makes more sense to  up volume with Bachelor and Barry mixed but it would be hard to distinguish 20% for Sandstorm . Couple of unknowns like start up costs at Barry . We may hear something after ...more  
Comment by pdcon1 on Mar 04, 2016 8:00am
Ron talked about switching production from bachelor or hewfran and switch to Barry open pit where its 100% profits  to transport the ore to the metanor mill .  They would save on mining  costs . The better plan would be to mine hewfran higher grade 800 ton per day and add  Barry gold to up tonnage  to  1200 ton per day . It would be hard to distinguish sandstorm 20 ...more  
Comment by PMInvestor08 on Mar 04, 2016 8:56am
This post has been removed in accordance with Community Policy
Comment by pdcon1 on Mar 04, 2016 9:08am
it would be sandstorms best interest to keep the gold stream going  and mto running a profitable mine.  today sandstorm brings in over 13 million  minus 4 million payback to mto at 500 per oz . They are hitching a ride  and as gold increases more profits for everyone .
Comment by pdcon1 on Mar 04, 2016 9:32am
Golds up and will keep going up based on worlds financial situation and now north korea uncertainty
Comment by bestdeal on Mar 04, 2016 8:03am
I tend to agree.Renegotiate the agreement with Sandstorm to include both properties. Bring the $500 up to $750 and get a very large chunk of cash off them up front. This could fund getting Barry up and running with the crusher and also drill it to bits to get a decent resource on it. This would be a win-win for both companies
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