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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 > From the SSL quarterly news release
View:
Post by fruitvale3067 on Aug 01, 2018 4:39pm

From the SSL quarterly news release

Canada

Streams and royalties on Canadian mines contributed 13% less gold equivalent ounces sold to Sandstorm when compared to the second quarter of 2017. The change is primarily attributable to a decrease in gold equivalent ounces sold attributable to the Ming mine in the Newfoundland and the Bachelor Lake mine in Quebec, offset by an increase in royalty revenue from the Bracemac-McLeod mine in Quebec.



Looks like another bad quarter on the horizon.
Comment by heystupid on Aug 01, 2018 5:01pm
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Comment by fruitvale3067 on Aug 01, 2018 5:47pm
Stupid, wasn't this the quarter they were going to be into the Moroy ore and we were expecting to begin to see an increase in ore sent to the mill? Pretty sure that's what management said.  My question is when are you going to finally hold managements feet to the fire. 
Comment by heystupid on Aug 01, 2018 5:58pm
This post has been removed in accordance with Community Policy
Comment by fruitvale3067 on Aug 01, 2018 6:13pm
Now we know why they had to get a $4 million loan.
Comment by fruitvale3067 on Aug 01, 2018 6:24pm
Stupid, MTO didn't secure Gladiator, MTO was out of cash and Eric didn't want to dilute himself again with a PP, so they cooked up a sale/merger with Bonterra. Then BTR promptly loaned MTO 4 million @ 10% interest so they could operate until the companies merge. MTO secured Gladiator................That's funny!!!!
Comment by heystupid on Aug 01, 2018 8:18pm
This post has been removed in accordance with Community Policy
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