Metanor Resources MEAOD

Ya, what counts is what I like about MTO; to 10 cents soon

[ChateauxManmon]

The market cap, now between 30M - 35M, is rediculously low considering the Company has a 100%-owned mill in a gold rich area. The Company has made no secret it will be mining Barry in 2017 with a high-margin open pit that will see nothing going to Sandstorm, so being fixated about ounces produced from underground means little here... What people fail to recognize is MTO, once ready to transition to Barry, can suspend development of stopes at Bachelor and still take the gold, this will drive cash flow positive up up up as it moves to Barry. In the interim MTO will chug along cash flow positive at Bachelor and advancing Barry to fruition. The cash flow from a simple operation at Barry will be large and all underground can be put to rest for leverage or another day. In short Metanor is just entering its non-hamstringed days -- watch it glow.

Here is copy from recent mining journal article https://miningmarketwatch.net/mto.htm that nails the op at Barry:

Fig. 1 (below) P

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Urban/Barry mining camp undergoing consolidation, Metanor holds key assets:

/www.marketwired.com/press-release/metanor-announces-positive-pea-on-its-barry-gold-project-npv-535-m-irr-198-before-taxes-tsx-venture-mto-2160788.htm" target="_blank" rel="noindex nofollow">September 22, 2016 Metanor announced a positive PEA on Barry. Metanor's Barry project now appears destined to become the first to achieve a steady gold production scenario amongst a handful of players (include Osisko Mining Inc.'s prolific Windfall Property, Bonterra Resources' Gladiator Deposit, Beaufield Resources' Macho claims, and Urbana) whose gold system collectively is part of a new mining camp in the Barry-Urban township of Quebec.

Significant cash flow without high development costs at Barry open pit: