No such message found

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.

Free
Message: Re: Now would be a great time for that news release!-golden

Hi Art:

I don't think they have used up all the line of credit. The quote was" they have used their line of credit". That does not mean that it is all used up, just that they have accessed it, for how much we don't know. It would be interesting to find out how much they have actually used. In any case, according to CFO Ronald Perry, they expect to be "out of it" soon, meaning they will again have the full $10 million available to them if/when they need it.

Ozgoode

Share
New Message
Please login to post a reply