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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 > What's wrong with $1700 a truckload...?
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Post by mepatriot on Jun 22, 2016 11:11am

What's wrong with $1700 a truckload...?

A hundred trucks a day with $1700 in it is a daily cash flow of $170,000.

Doesn't sound too bad to me...
Comment by fruitvale3067 on Jun 22, 2016 6:02pm
Mepatroit, it doesn't sound to bad.... One question though: Where is the money going to come from to get the 100 trucks?  
Comment by Matagami on Jun 22, 2016 6:11pm
They will not buy 100 trucks. They will rather give it to a contractor. But the problem is that nobody owns 100 trucks in this region.
Comment by Matagami on Jun 22, 2016 6:22pm
I'll be very surprised if there are more than 10 trucks carrying ore
Comment by Wolfin13 on Jun 22, 2016 7:20pm
You guys are so funny.......it's simple arthimetic.......a tender will go out to supply ore at a daily tonnage rate....to what the mill can handle per hour, the bids are accepted, the bids are reviewed, the bidders are brought in one at a time to supply the delivery information and the equipment in their stable....and bingo......a bid is accepted on a daily tonnage delivery rate and the ...more  
Comment by pdcon1 on Jun 22, 2016 7:55pm
mto should not have a problem making 500 canadian per oz  delivering gold from barry it will probably be higher . the  gold is proven  already  .  35,000 oz of gold  per year with no fees to sandstorm  could generate  35 million dollars per year  profit , everyone here posting is way in left field . barry is bought and paid for /.
Comment by fruitvale3067 on Jun 22, 2016 9:19pm
Bob, as the old saying goes "Your counting your chicken's before they hatch". In one post you have taken a company that hasn't had a positive revenue year since they started mining Bachelor Lake to all of a sudden making $35 million a year. Even for you that's a pretty big leap.
Comment by fruitvale3067 on Jun 22, 2016 9:29pm
Sorry bob I see the post was from Pdcon, But it's still a reach.
Comment by pdcon1 on Jun 23, 2016 8:07am
i see a lot of negative posting here with posters here with their opinions  and very  different from managements , some here have a distrust of management  based on their past , and inreality why would you bother hanging around . read the news release again and check out the drill holes as there is a lot of higher grades present that can be mined immediately and the lower grades ...more  
Comment by pdcon1 on Jun 23, 2016 8:14am
hauling 1 to 2 oz gold  per truck load to bachelor  mining the high grade could be done with a profit , but they must prove this . my guess on costs per truck load 400 to 500  dollars , just a guess 
Comment by Matagami on Jun 23, 2016 9:06am
And finally if you stockpile the ore in the yard you need 5 trucks
Comment by pdcon1 on Jun 23, 2016 9:11am
not sure what mto inventory is but trucks are not a big investment  or someone here posted you can lease  dump trucks with trailer that could double the haulage . Where there is a will there is a way.
Comment by pdcon1 on Jun 23, 2016 9:17am
i think  mto  should start buying property at barry where their focus  to mining will be in the future. jmo
Comment by ilovetojumpem1 on Jun 22, 2016 8:56pm
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