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: Dow Jones = Gold in 2009 ?

Dow Jones = Gold in 2009 ?

posted on Dec 05, 2008 03:32AM

Canadian dollar has weakened to $1.289 today and with gold at $760 = $980 CAD so it means regardless of whether canadian $ is weak and gold strong or the reverse, we stay around the $1000 canadian mark. Great! Now they say oil is going to hit $30 and DOW = GOLD in 2009. Do I need to say more ?
http://news.goldseek.com/PeterCooper...

Art27


http://www.miningmarketwatch.net/ind...

"if we go down we get better grade obviously, there is better grade down the shaft, and if we did a mix of say 700 tons of Bachelor ore and 500 tons of Barry ore we would probably get an average of close to 7 grams, the idea is to manage your grade, manage your cash flow, extend mine life, and keep exploring. So we feel could get the mill up to 1200 TPD probably within 6 months and we feel we could get the shaft somewhere by 8 to 10 months time frame."


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