As of today Metanor's total gold ounces come to over 1mil. I think it is possible for them to increase that to 5mil oz. Next year they should produce 70,000 oz. Once the cash flow increases I'd be happy if they acquired another gold mine and started producing 200,000+ oz in the next few years. For now, if it dips to $0.40 again I'll grab all I can.
Art27
Main goals for 2008 - 2009
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- Continue identifying and upgrading the potential gold
resources of the Barry Open Pit to 1 M oz.
- Continue identifying and upgrading the potential gold
resources at the Bachelor Lake Mine to 1 M oz .
- Begin exploration of the promising Nelligan property
(next to the old Coniagas Mine)
- Continue acquisition of advanced projects near the
Bachelor Lake Mine within a 100 km radius-potential
1.5Moz