Metanor Resources MEAOD

Whats up MTO ...

[u2bob]

Looks like its time for MTO to step out and be counted  in Novembers meeting...few scenarios come to mind...

1 - After positive PEA...and yet to be seen drill results ...we get bought out .

2 - We show a profit for the last 2 Q ... and move forward with Barry ...put dealing with SSL on hold

3 - We get squeezed financially and put Bachelor mine in care and maintenance..and out source ore for the mill from other mines in the area...until Barry is up and running.

4 - Options - Quebec loan again ...buy back stream if its still believed that gold is open at depth at Bachelor then trench shallow Moroy gold for operating cash in hand with underground mining till Barry isup and going.

5 - Most important price of gold...and Canadian dollar ... MTO has gotten this far and survived she has 2 permitted mines mill and infrastucture in place with tax credits...so now MTO has the chance to become first producer in the Urban Barry area putting us years ahead of any one else...all this for 8 cents Canadian a share.

6 - With the year end meeting pushed back from Oct 27th...then to Nov 3rd...and now the 10th...makes me wonder what management is doing crossing t`s and dotting i`s...somethings up just my gut feeling...You ready to take a chance again Fruit you said you sold SSL ...anyway good luck ...no matter how things turn out all I know is 7.5 TO 8 Cents Canadian makes no sense with todays gold and assests below...

The Bachelor Mill has an estimated replacement value in excess of $100M alone, more than double the Company's current market cap -- this  positions shares of MTO.V ripe for upside revaluation based on projected cash flow fundamentals, exposure to known global precious metal resources at two permitted mine sites (Bachelor/Hewfran (currently in production), and Barry), plus the Company exhibits enhanced attractiveness as a potential take-over candidate in an area undergoing consolidation. 
With open-pit production pegged to begin in Summer-2017 and ramp-up expected to attain 37,573 ounces/annum for year two, Metanor will become a cash flow machine at Barry with all-in production cost conservatively projected at only $1,114/oz (US $891/oz) -- the estimate was made with all manner of assumptions conservatively (as proper PEA's ought to be) fixed for dillution thru to gold of only C$1,560

IMHO...something is up with the meeting being pushed back like a little more info is needed before an announcement comes out...Nov 10th...

Later
Bob

[LiTeOn1981]

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[u2bob]

Hi Lite not sure but my guess is around 10 ,700 ounces the last 2 Q each give or take a few ounce and no PP so far tells me they must have some gold and cash to keep going until she is sold or producing at Barry...Nov 10th...should be something out next week maybe the Barry drill results shallow hole results ... Bob

[stocksnthings1]

Someone often puts out a pump on fri after the close so it sits on the news items for the weekend

[LiTeOn1981]

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[stocksnthings1]

Undervalued Gold Producer Metanor Advancing Open Pit Adjacent Osisko and Intersects 8.1 m of 11.8 g/t Gold at Bachelor Mine https://markets.financialcontent.com/stocks/news/read/33028709

[stocksnthings1]

– Metanor’s remaining convertible debenture has been paid down to $9 million outstanding and the term extended to August 2017; and – Metanor has satisfied its cash flow guarantee to Sandstorm on Bachelor sourced gold, having cash flowed ~US$23.6 million to date (as of September-2016) — this now affords Metanor flexibility on what ore it chooses to process through its 100%-owned mill as the

[stocksnthings1]

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[u2bob]

Agreeded ...also my post on different scenarios that the company may take was meant for shareholders to respond at or even add some other ideas...like your idea Lite about share buyback plan in place even if its not used right now they could put in place for a year....and buy at certain times like now when there is very low volume trading.... thanks for the input maybe some other shareholders

[mycashsgoesohno]

Bob let me wade in here.Your thought provoking writing deserves consideration.Though Jumpem finds confrontation with you sport I see no purpose infighting for what we all aspire for.A win.WE have disagreed before.HA!Jump!While in travel I learned alot about MTOs future.Time prevents me from describing everything Ive come across Im dealing with clean up from a Hurricane.But I digress as they say.I

[ilovetojumpem1]

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[MISTERTRUTH111]

The THING replying to his own posts again. Why not post more of all your losing picks for more comedy.

[fruitvale3067]

Bob, I think you need to re-read your origonal post again. In it you will see that you asked me a question. So I answered it. 

[fruitvale3067]

Bob lets go thru these one at a time. 1 - After positive PEA...and yet to be seen drill results ...we get bought out . Yes they had a positive PEA and positive drilling results and still no buyout. Hummm makes you wonder. 2 - We show a profit for the last 2 Q ... and move forward with Barry ...put dealing with SSL on hold. Yep they may show a profit the next two quarters, unfortunately, a