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: Great video for Golden and any newbies!

Great video for Golden and any newbies!

posted on Nov 01, 2008 10:55AM
If you go to www.kereport.com there is a great video on Korelin Economics website featuring Metanor its under Jay Taylor's stock pick videos it is a must watch for people who want to get first hand knowledge about this company and where they may be headed. Highlights: -They are producing at closer to 7 grams a tonne -Staking land around the barry pit as it is anticipated it is going to be much bigger estimates 1-3 million ounces maybe more. -Not using provincial roads so they are able to use 50-100 tonne trucks which cuts costs of production. -Producing for around 310 dollars an ounce at time of video which dates back spring/summer. -Replacement value of mill and infrastructure 120-140 million which should put our share price around $2.00 alone nevermind what is and could be in the ground. They also plan on buying land from surrounding areas, a consolidator of lands if you will, which has potential of 1.5 million ounces plus. All of this for .35 Al Korelin called it one of the most under rated stocks he has ever seen in 30 years in the business and that was at .83 cents when the video was made. Jay Taylor said he believes we should be at 3-4 times the share price so back in early sring/summer we should have been at $3-plus now we are at .35 cents i bought more, much more!
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