Sometime by the end of february ?

Gold at $900 and MTO has not reacted. What happens if the gold retreats to $800 ? In this kind of market good news do not move the stock up and bad news ruin the SP. With Metanor however, even if it moves 200% up to $1.20 it will still be way undervalued and below the fair value. Under normal market conditions, any comany with its own milling facility and producing at a rate of 25k+ oz/ year would be trading $2 and up.

I made a mistake in my production cash cost per oz. It should be $375 US and not CAN but I think right now their cost must be around $500 CAN / oz which is not that bad as long as gold stays above $800 US

I have a feeling 2008 numbers will be something around 17,000 to 20,000 oz produced for the year.

Art27