Re: Bonterra to Acquire Metanor, Expanding Strategic Position in Urban Barry Camp and De-risking Potential Path to Production

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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goldspinner

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Re: Bonterra to Acquire Metanor, Expanding Strategic Position in Urban Barry Camp and De-risking Potential Path to Production

in response to

Bonterra to Acquire Metanor, Expanding Strategic Position in Urban Barry Camp and De-risking Potential Path to Production

RockLicker

posted on Jun 19, 2018 04:13AM

Good for MTO shareholders. Bonterra has large share value as well as MTO. Once the LOI is completed, the combination of forces and gold laden land claims make a winning team. The Mill is the still the key, as will be the staggering growth in the coming year.

One thing to remember is the larder lake property will be taken out of the BTR kitty and will be a separate entity with $7 million to develop that area...Existing BTR shareholders will benefit from that spinout...

This is more than a win-win...A year from now, 75000-100000 ounces/year produced could be the baseline. This leaves a whold lot of room for the share price to grow into the multiple dollars/share. And at the end will be the real rainbow payout...