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: What they didn't tell us in PP is the real story - Opportunity cost of funds

What I like is that Metanor is clearly establishing itself as the major player in this area. It has the only mill, it has the cash flow, it has the financing and it has very promising properties. I think the chances of hitting something really good are not that remote. The whole area around Bachelor Lake has gold deposits and some have already been proven quite significant, such as Noront's Windfall discovery. Barry, Hewfran and Nelligan might be next.

Metanor is well positioned to take advantage of all this. As TDL said, now they have to come through on increasing mill capacity and, ideally, proving up considerable new resources. If, on top of that, gold goes up to over $1000 and stays there for a while ( and the chances for that seem to be getting greater all the time), considerable share price appreciation will follow.

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