Metanor Resources MEAOD

Better Options this year for MTO...

[u2bob]

Hi Lite ...if  the company averages around 5.5 grams per ton and mills  234,000 tons per year 96 % recovery rate they will produce around 40,000 ounces ....that works out to an average of 641 tons a day approx...over the year...

Now Barry they are sayying will be 2.61 grams per ton with a 95% recovery rate over the first 3 years...strip ratio of 2.17 to 1...

Question becomes with softer ore how much capacity at the mil ...and if you add a concentrator down the road ...how much could they produce ... I think the real question is will they be around after the drilling and updated 43-101...or taken out by a bigger producer...

Without getting too far ahead of ourselfs the big Question is where is the price of gold going...and I think most here believe up ...and what about SSL ...still lots of questions to be answered ...but for now the 2 big ones are open pit mine life and high grade Moss ...so as long as gold is up there is big money up for grabs in E/V ounces in the ground...

Hey Lite one thing is for sure there is a lot more options this year than we had last year...and all for 8 cents Canadian...good luck...

Later
Bob

[fruitvale3067]

OK Bob les take these one at a time: Really? All these options and they are going to produce less this year than last. 

[pdcon1]

does it really matter if mto produces  70,000  or  40,000  oz gold , the important thing here is they get barry  producing  next year  and start up costs will not cost that much to be concerned about . mto will make money from here  until  barry is producing with gold  1300  dollars.. as far  as transporting the ore two trucks with

[fruitvale3067]

Pdcon, there have been some really interesting statements made by posters on this board. This one now moves to #2 on the list right behind #1 that compared MTO to Apple.  What really makes this funny is they aren't even going to get to the 40,000 ounces this year.

[pdcon1]

fruit are a master arm chair geologist or just a gold mining consultant sounds like you know it all and have nothing invested in mto  just a lot of wasted time on your hands or just cant fathem mto turning it around and being successful .  gold is going higher now and so will profits for all gold miners .

[fruitvale3067]

Pdcon, I am no master arm chair geologist, but I have worked on many drilling sites with many certified geologist. I deal with the heath physics aspects of Uranium mining, milling and remediation. I am currently on a job doing just that overseeing some drilling for uranium contamination in soil. Yes we have a certified geologist on site analyzing and logging all the cores as they come out of the

[mstettler]

Fruitvale, you are correct but you are wasting your time. It doesn't matter how the facts are presented - as pdcon said you can lead a horse to water but you cannot make him drink. Time will tell.  

[mstettler]

Ridiculous.

[fruitvale3067]

Mstetler, I didn't even know how to address pdcons statement, but thanks "Ridiculous" pretty much covers it.