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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 > Only 12 days to go...
View:
Post by fruitvale3067 on Apr 18, 2018 9:55pm

Only 12 days to go...

Until the next quaterly/year end financials are due. Any guesses?
Goldhappy? Stupid? Bob? Larry? Iluv? Pdcon?

For the quarter I say 7300-7800 ounces, and a loss of 3-5 million. The 6 month and year end loss will be ugly. 

Going forward, since they didn't reach Moroy until April, Q1 2018 will also be ugly. Unlss they have start the Barry ramp and are trucking ore to the mill (which I doubt because no news release). Quarter 2 will show us a first glimpse of production from Moroy and maybe some ramp material from Barry. Mill xpansion? Who knows. More dilution on the horizon.
Comment by tsoprano24 on Apr 19, 2018 9:01am
Fruit, do they still have previously expensed gold in the vault? If so, they could bring that out to help bottom line and AISC. May want to slap a little lipstick on her before parading her around for a new PP. T
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