Re: Nice Jump

Welcome To The Metanor Resources HUB On AGORACOM

Metanor (MTO-V) is a new Canadian Gold Producer located in Quebec. It reached commercial production on December 1, 2013 and will produce 50,000 oz in calender 2014 with a present all-in cash cost of $1,018US.

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ozgoode

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Re: Nice Jump

in response to

Re: Nice Jump

Art27

posted on Sep 15, 2008 10:32AM

Hey Art:

You're bang on. MTO production costs are much lower than many others and even if gold does go down even more they will be making lots of money. I just can't see a better scenario than MTO right now and don't understand why this isn't snapped up at under $.50!

If they prove up more at the Barry deposit they will be able to mine that profitably for quite a while and, as you say, they should be thinking about buying up the smaller deposits all around them.

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