Don't you think with oil falling the production costs should be lower for Metanor ? A few months ago oil was $130 right now $55 and those trucks that deliver the ore burn a lot of diesel. They mentioned a while back ago cost of poduction around $375 CAD. I think Metanor is well positioned. Canadian dollar at $0.82 and POG at $730 = $890 Canadian pre oz - approx. $375 cad. prod. cost = $515 cad. profit per oz so thats not bad at all.

And if you take another scenario US $ falling vs CAD $ then gold gains value vs weakening USD so either way Metanor (even with gold down to $600) will be profitable.

Now I expect people take the Comex december delivery and if they do that should drive the price of gold well over $1000oz