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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 > News more gold ...
View:
Post by u2bob on Aug 18, 2016 12:21pm

News more gold ...

Great news for MTO today showing all that the Bachelor is open at depth with higher grades...as the company stated before they have deep hole intercepts at 3500 ft...good news for MTO with high grade Hewfran and Bachelor...and Moroy still to be drilled at depth with shallow gold as well ...this bodes well for getting Barry going and then you can control head grade of ore being processed at the mill ...with gold up ...we still have a big target on our back the more we prove up...so watch how the share price is manipulated by MM....Fruit SSL will do fine as well...good luck...

Canadian mine in the GREENSTONE BELT ... And Quebec mining friendly !!!

Risk vs Reward in Canada any day...

Bob
 
Comment by BASTILLEDAY4U on Aug 18, 2016 12:30pm
So Bob, do we still need Barry? Selling that property and putting that money into reducing outstanding shares thus increasing our share price would be acting in the best interests of shareholders. Just a thought.
Comment by u2bob on Aug 18, 2016 12:48pm
Hi BASTILLEDAY4U...  I hope not ...If you want to become a Mid Tier Producer....you need to be drawing ore from multiply sources...open pit can be stock pliled at mill for processing while other sources of ore are mined and monitored for grade being profitable is the key...and being able to control the grade of ore with price of gold....and plus open pit at these prices is a cash cow...lets ...more  
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