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: When this market turns around

When this market turns around

posted on Nov 19, 2008 05:15AM

Hyperinflation will push gold well above $1500 and Metanor will be a $5 stock by then there is no doubt about it. I wish I had more cash right now.

Metanor is very well positioned and generating good cash flow for starters. I think there should be around 10mil oz of gold in the 100km radius and Metanor will buy out most of those properties sooner or later. Barry alone will prove 2 or 3 mil oz. Once they re-estimate the ounces and come with something like 3mil oz that will equal 20 years mine life and gold production of 150,000 oz/year or 15 years mine life at 200,000 oz/year. I think major investors are precisely waithing for that. Once Metanor proves a few mil oz this will be a different story.

For now the most important thing is they generate the cash flow and they did all the financing, mill refurbishment, etc... just in time before the market collapse. EXTREMELY LUCKY. Have a look at KNB. They've got more gold than us but didn't get things done on time. Their warrants expired unexercised and they are starved for cash. Stock fell to $0.20 something.

Art27

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