Metanor Resources MEAOD

Osisko Mining takeover MTO?

[longshot52]

Sorry, but it will not happen...

Osisko only possible interest in MTO is the Barry property not a small mine 70 miles away on a secondary gravel road.
 
The Barry property contains 200,000 oz/au of proven gold, and does have the “potential” for more but so do all properties.
 
Osisko bought the Souart property contains 100,000 oz/au and OSK bought it for $700,000 in cash and stock.
Osisko owns 19.9% of Bonterra, their Spartucus Deposit holds 273,000 oz/au 9.37 g/t
 
Osisko bought the main part of the Malartic property for $80,000 in a bankruptcy court in 2004, asking price was $2M. They built a mine for $1 Billion and sold it for a $3 Billion dollar profit for the shareholders.
 
https://www.tgdg.net/Resources/Documents/NEWGEN%20GOLD%20%20WaresBurzynski.pdf.
 
They have had talks with MTO but whatever MTO was asking was not the price OSK is willing to pay, OSK will just wait it out and buy the property when MTO is forced to sell it.

[mstettler]

Who keeps making this stuff up?  Barry contains zero proven gold.  There are 300K oz measured & indicated.  There are 1 million oz inferred.   Seriously people, do your research.

[longshot52]

msettler wrote in his reply: Who keeps making this stuff up? Barry contains zero proven gold. There are 300K oz measured & indicated. There are 1 million oz inferred. Who keeps making this stuff up? Well actually it is Mr.Ghislain Morin of MTO. METANOR ANNOUNCES POSITIVE PEA ON ITS BARRY GOLD PROJECT .For the life of the mine, a production of 193,457 ounces of gold over nine years That

[mstettler]

I read the PEA thouroughly.  Please post where it says anything about proven gold because it actually does quite the opposite.   The inferred oz included in the PEA skew it significantly and they should not even be included.

[u2bob]

Longshot if they have had talks ...then my question becomes like I asked before ....do you think they wanted to see the step out at the main pit ...and maybe whats up at Moss first...not sure how you know about talks but usually were there is smoke ....hmmm.... If you hear anything else would be interested ...thanks for that input...and Barry really does complete the puzzle for a district play