Most investors and institutions don't yet realize that MTO is a producer with low cost production, a good profit margin and good potential for proving up more resources. Here, for an example, is how the Stock Research Portal describes Metanor:
| "Company Overview |
| Metanor Resources, Inc. explores mining properties with a focus on gold deposits in Canada. Its principal properties include the Bachelor Lake property located in the Lesueur Township, Quebec; the Barry gold deposit, located in the Urban-Barry greenstone belt approximately 65 kilometer southeast of the Bachelor Lake mine; the Dubuisson Property located within Dubuisson township; the Wahnapitei Property located on the southern shore of Lake Wanapitei, approximately 25 kilometer northeast to the Town of Sudbury; and the Opinaca property located in the Opinaca area (James Bay territory), Northern Quebec; and the Vassan Property situated in the Vassan Township, the Val d'Or mining camp, Quebec. The company was incorporated in 2003 and is headquartered in Val d'Or, Canada. |
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Source: Capital IQ"
Not a word about gold production. The company should be more active in getting the word out about its profitable production situation.
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