the future

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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thedarklord

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the future

posted on Nov 10, 2008 09:37PM

What needs to happen:

MTO needs to turn a profitable quarter - if not ending Dec then ending Mar.

They then need to get off their 10 million credit and use their positive cash flow for expansion of the mill to 1000tpd.

They need to prove up the resources at Barry.

They need to continue drilling the Nelligan property.

They need to get to 50,000 oz by 2010 and use revenue to begin work on the bachelor lake mine.

Oh ya...and it would be nice if gold went back over $1000 sometime during the above. :)

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