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Bullboard - Stock Discussion Forum
Metanor Resources
MEAOD
Metals & Mining
Gold
Industrial Metals & Minerals
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.
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OTCPK:MEAOD - Post Discussion
Metanor Resources
> SSL MTO...
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•••
u2bob
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Post by
u2bob
on Mar 18, 2016 3:15pm
SSL MTO...
...might just be the meeting with SSL went better than expected...
Have a great weekend everyone...
Bob
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•••
JRaffles
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Comment by
JRaffles
on Mar 18, 2016 3:28pm
I would expect the board would make it apparent to SSL that for them to insist on their 20% of Moroy reserve, is likely to reault in them benefiting from a substantially delayed stream from this new orebody, which MTO has to fund. It could be presented as ....... half a 20% cake is better then none. This would open the pathway for MTO to fund an open pit section of Moroy. This could even be
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u2bob
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Comment by
u2bob
on Mar 18, 2016 3:54pm
JRaffles interesting comments ...many things do change when you have someone like Sprott backing you with his personal wealth...which also can be huge when dealing with SSL ...I think when your talking the kind of money that will be made from the resource at MOROY ... you better go in with a your cards held close when dealing with SSL ..I also like the idea of open pit first at Moroy
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