Metanor Resources MEAOD

Get ready for more dilution

[longshot52]

Capital startup of $8.5 million;

planned for the summer of 2017, following a feasibility study

Where is the money for the Feasibily Study, Capital start up and the paying off of the debenture? Santa?

Blind optimists bought at 9 cents on the reopening
 

[ilovetojumpem1]

This post has been removed in accordance with Community Policy

[mstettler]

Well spotted, I was going to post the same thing.  So that's about 16 million needed in the next 9-12 months, plus money for infill drilling to complete the FS. The other thing that caught my eye is that if they proceed they will be using the full capacity of the bachelor mill at 1200 tpd to produce an average of 21, 495 oz per year.  So what does that say about the bachelor mine

[PMInvestor08]

This post has been removed in accordance with Community Policy

[mstettler]

No, they don't.  700K would be closer.

[u2bob]

Well Mr BS tettler ... who is a non shareholder...care to back your statement .... Any way as of this interview back on June 28th we had a little more than you say BS...AND GOLD PRICE HAS MOVED UP AS WELL SINCE THEN NICELY... Metanor has the great advantage of having 5 million dollars in its treasury or in gold bars. It also has 50 million dollars in tax loss carry forwards. With a fully

[PMInvestor08]

This post has been removed in accordance with Community Policy

[u2bob]

I agree ...but dont you think they will be bought out before it ever produces any gold ...finished looking at Osisko presentation... they are at least 5 years out at Windfal if they build from the ground upl...they show up to 2019 then starting constuction after that...Still thnik its all about drilling and consolidating the Barry area into one camp...when we finish drilling shallow holes up by

[PMInvestor08]

This post has been removed in accordance with Community Policy

[u2bob]

I think they are just waiting for us to drill and see....from what I have heard SOUART PROPERTY has gone well so once they do a little more drilling at Windfall and us at Barry we may have our answer remember every day that goes by there stock price has been moving up MM doing a good job ...SO WHEN THEY DO STRIKE NEXT it will be a stock swap even if its not us next sooner or later they will be