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: Re: New Analysis on MTO
1
Dec 12, 2009 06:26PM

Dec 13, 2009 09:34AM

Dec 14, 2009 10:17PM

No I don't think dilution the problem here. The market is not valuing the company as a producer because they are not making a profit. They are not making a profit yet because they have not started the Bachelor mine, they are still working on a 43-101 on Barry to figure if they have an elephant there, and are busy expanding the mill to 1200 tpd. All this has taken a lot of time and money. If they can bring everything together next year and the company starts making money, then MTO would be valued as a producer, which in my opinion should be anywhere from $3 to $5... this is my opinion.


Dec 16, 2009 09:07AM
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