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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Message: No need for a road show yet!

No need for a road show yet!

posted on Oct 26, 2008 11:08AM

I don't think its smart to promote the company just yet our cash flow is low and we are still speculating on ounces in the ground and when or if we get to 1200tpd. Now don't anyone get me wrong i have alot of faith in this company and in management but when they prove Barry has over 1 million ounces Bachelor over 1 million ounces and the mill is producing 1200 tpd and we have a positive cash flow if at that time we are still not getting respect than its time to promote all out.

Why would we try and promote what we might be capable of in this environment it would be a waste of time and money the big speculators have left the building and us little guys are playing with thousands not millions. No we need rock solid proof, at that time i doubt we will need to do any promoting word will travel fast to bay street.

Of course the other thing is we might become to attractive especially at these prices but management and institutional investors are holding 50% of the shares and over, so a takeover wouldn't come cheap if it were to happen.

This company has a bright future following this period of deflation will be inflation which should keep prices above $700.00 an ounce easily inflation is the debtors friend and we all know it will come so hold on be patient and you will be rewarded!

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