Thanks F-layer. Good update. Here is a quote from the review:

"Fundamentally Metanor Resources TSX-V: MTO Appears Exceptionally Undervalued
Now, with four months under its belt after dawning status as an official commercial gold producer, Metanor Resources Inc. (TSX-V: MTO) is poised for significant upside revaluation as proof of performance has mitigated production risk -- to date MTO.V has poured over 20,000oz of gold, is running at 700TPD 24/7 with recoveries of ~96%, and has near term plans to increase capacity up to 1200TPD at nominal capital expenditure. Fundamentally MTO appears exceptionally undervalued -- has virtually no long term debt, enjoys high margins with spot gold over CDN$1,100/oz (low cash costs ~CDN$425/oz), is domiciled in a stable jurisdiction, has a growing resource base, and is currently trading at a mere fraction of its 100% owned ~$140M infrastructure…”

Source: Market Equities Research
Greg Thompson
Precious Metals Review