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Bullboard - Stock Discussion Forum Metanor Resources MEAOD

Metanor Resources Inc is engaged in the production and sale of gold as well as acquisition, exploration, and development of mining properties. It projects include the Moroy Project and Barry project among others.

OTCPK:MEAOD - Post Discussion

Metanor Resources > 21.5 million
View:
Post by gnote1 on Apr 04, 2017 4:44pm

21.5 million

If my math is correct. The last two PP's could bring 21.5 million. 
What could they do with all that money? 
pay off debt, drill, drill and drill more, permits, increase mill operations? 

Any other ideas?
Comment by dastocknow on Apr 04, 2017 4:55pm
lay around and get paid until the takeover
Comment by AliMcKenzie on Apr 16, 2017 1:00pm
Barry pit devlopment $8 million Upgrade mill to 200,000 tpd $7+ million The rest will be used to increase the exploration budget