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: New Gold

New Gold

posted on Dec 15, 2008 12:26PM

Hi Art:

I was wondering about New Gold as well and asked some questions recently because of their big price lift. I was told that they had lots of cash available but that their SP had suffered a lot because of exposure to base metals. I then looked at their web site but did not see any mention of base metals. I was also told that their mine in Brazil was not very profitable and that they would probably close it down.

Seems like a good punt.

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