Metanor Resources / MTO (CVE)

    Neues Update von MiningMarketWatch. Danach hat MTO zur Zeit $6,5 mio cash und wird diese Jahr wohl eher 35k als 45k Unzen produzieren.


    Mining MarketWatch Journal: Special Advisory Update as Metanor Resources is Cleared for Gold Production
    Jan 09, 2008 (M2 PRESSWIRE via COMTEX News Network) --


    Mining MarketWatch Journal has published an updated review and Upside Valuation/Summary on Metanor Resources Inc. (TSX-V:MTO) (OTO:MEAOF). The Advisory/Update may be viewed free of charge at the following URL: http://www.MiningMarketWatch.net/MTO.htm


    With the issuance of permits now for their Batchelor Lake gold milling facility, it is clear sailing to commence production. Now is the time to pay attention to MTO.CA shares as the current valuation should make upward adjustments to reflect forward discounted future revenues of Metanor as a gold producer with a solid expandable resource base in a mining friendly region.


    The newly refurbished mill will be scaled into production this January starting at 550 TPD and then moved up to 650 TPD. The initial production for year one according to the company will comfortably be 35K ounces, but Mining MarketWatch notes that it is able to readily upgrade and tweak to 1000 TPD when appropriate.


    Management has been impressive in its ability to execute upon plans to achieve this milestone and Metanor now sits with a large cash balance (approximately $6.5M as of January ). Cool and entering a cash flow positive production mode. With less than 67M shares outstanding and trading under $1US, the market cap of MTO relative to its resource base/production expansion plans and future revenues make MTO.CA among one of the most attractive vehicles for gold investors in 2008.


    With nearly 500,000 oz of Gold (NI-43-101 measured and indicated) available from their 100% owned Barry gold deposit and Bachelor Lake Gold Mine, Metanor Resources has restarted their gold milling facility readily capable of producing a projected 60K oz gold per annum. Their gold milling facility has a replacement value of $60M and sits geographically as the only mill located within 200 km in a gold rich district that possesses resources exceeding 1.5M oz. Metanor has also begun amassing properties within this area, near their Bachelor Lake Gold Mine & Mill, and will play a central role mining the resources in the region for decades. With less than 67M shares outstanding, and currently trading under $1/share, the present valuation appears to present exceptional opportunity.


    Undervalued and under the radar, the time to pay attention is now as Metanor Resources will commence gold production in January 2008. Earlier in September, the company bought out partner interests at the Lac Bachelor and Barry gold properties following an overhaul of Metanor's 1,000 (upgradeable capacity) tonne/day mill in Desmaraisville. Initial mill output from the Q4 test batch will be a limited 3k-5k oz, but production next year should accelerate to 45k oz in 2008, ramping up to 65k oz in 2009. The mill is configured to produce dore bars of approximately 90% gold, with a small component of silver.


    Metanor now has the Bachelor Lake Gold Mill functioning and processing the ore extract from the open pit operation on their Barry gold deposit (located approximately 65 km southeast of the mill). The Barry deposit has NI 43-101 indicated resources of 52,300 oz Au and 126,600 oz Au of Inferred Resources. Primary crushing is done on-site, with secondary crushing and refining at the Bachelor Lake facility. The Barry property boasts a highly efficient ore-to-waste ratio of only 1:1.


    Initial cash flow from production will be used to further develop the enormous potential at the Bachelor Lake Gold Mine which produced over 131,000 oz of gold during the 1980's, it currently has resources of 300,000 oz Au and is open in all directions at depth with plans to upgrade to 1,000,000 oz.


    According to Metanor's President, Jessie Morin, current depth of the shaft at the Bachelor Lake Gold Mine is 1,700 feet, the shaft will be sunk an additional 600 feet to a depth of 2,300 feet and a 20,000 meter drill program is expected to add an additional 700,000 ounces of resources. Mr. Morin has many years of mining experience with an expertise in both underground development and shaft sinking. Prior to joining Metanor Resources, Mr. Morin built mills for several area miners including Cambior (now owned by Breakwater), Aur Resources and BHP Billiton. The two main veins at the Bachelor Lake Gold Mine run parallel and are 75 feet apart at an 80 degree angle. Metanor expects to drop shaft an additional 700 feet in the near future and the potential is in place to identify 1.5 million ounces going forward. Area miners such as Aur Resources now Teck Cominco Limited (NYSE:TCK) and Agnico-Eagle Mines Ltd. (NYSE:AEM)(TSX:AEM) are currently mining at depths of between 5,000 and 8,000 feet. The gold grade at the Bachelor Lake property increases at depth and the strike is open in all directions at the 2,300 foot mark.


    The Advisory/Update may be viewed free of charge at the following URL: http://www.MiningMarketWatch.net/MTO.htm


    This release may contain forward-looking statements regarding future events that involve risk and uncertainties. Readers are cautioned that these forward-looking statements are only predictions and may differ materially from actual events or results. Articles, excerpts, commentary and reviews herein are for information purposes and are not solicitations to buy or sell and of the securities mentioned. Readers are referred to the terms of use, disclaimer and disclosure located at the above referenced URLs.


    CONTACT: Alfred Seung e-mail: editor@MiningMarketWatch.net

    New Gold Share Recommendation by Jay Taylor


    Metanor Resources Inc.


    Business: Exploration, development, and
    production of gold in Quebec
    Traded TSX: MTO
    Pink Sheets: MEAOF
    Frankfort: M3F.R
    Shares Outstanding: 66.6 Million
    Price 1/25/08: $0.835
    Market Capitalization: $55.6 Million
    Cash: $7 Million
    Oz. Gold Resource: 1,038,000
    Of Which 43-101: 938,000
    Of Which Historical: 100,000
    Progress Rating: “A”
    Telephone: 819-825-8678
    Web Site: http://www.metanor.ca


    The recent turmoil in the financial and commodity markets has prompted investors to seek more safety in their portfolios.
    Of course, absolute safety is never to be found in any markets—not even in short-term U.S. Treasuries. But when it comes
    to gold and other mining firms, in general, companies that are either in production (Progress A companies) or those having
    completed economic studies and commencing production are safer than companies yet to identify a viable economic ore
    body. Long-time subscribers will note as this bull market continues to run, the number of “A” progress companies on our
    list continues to grow. Many of those companies have “graduated” from “B” progress firms to “A.” That alw ays gives
    your editor a sense of satisfaction to know companies we picked at earlier stages of development have indeed succeeded in
    moving toward the ultimate goal of producing wealth from the ground.


    Still, if we can find a new, undervalued producer without having recognized it at an earlier stage, we will quickly add them
    to our Progress “A” companies if we deem them undervalued. Metanor Resources is one such company that we are adding
    to our list this week. I met the management of Metanor in Vancouver on January 21.


    Metanor is commencing production at its Bachelor Lake Property located in Le Sueur Township, 225 kilometers northeast
    of Val-d’Or, Quebec. The company holds 177 claims and 2 mining concessions totaling 4,837 hectares. In 2007, MTO
    acquired an additional 37 claims (1,636 hectares) east and adjacent to the property as well as a 70% interest in a property
    of 62 claims (2,529 hectares) located to the west. Suffice it to say that Metanor has assembled a large land package in what
    is known as the Abitibi Mining Camp. At the same time, the company has just commenced gold production from an openpit
    mining of the Barry Deposit on its Bachelor Lake Property.


    Thus far, the Barry Deposit measures 130 meters wide, and mining is taking place to a depth of 25 meters. However, the
    deposit is more or less a vertical deposit with a 65- to 70-degree dip. It is open in all directions and at depth. The average
    grade is somewhere in the range of 6 to 8 grams per tonne, or approximately 0.2 to 0.25 ounces per tonne. Cost of
    production is expected to be around $310 per ounce.


    Investors who may not be familiar with deposits in this area of Quebec and Ontario should realize that gold deposits in this
    part of the country tend to extend to great depths. In fact, many if not most extend to depths beyond what is feasible to
    mine, though with more recent technologies, mining is now taking place at deeper and deeper levels. Given the exploration
    potential here, management is saying they have a target of identifying and/or mining at least 2 million ounces from their
    Bachelor Lake-Barry Deposits.


    To start with, the company’s Bachelor Lake Mill has a capacity to process 550 tonnes per day. Recoveries of gold are
    reportedly at around 97%, so if the company were operating at current capacity and running material through the mill,
    grading 0.20 oz. gold/tonne, of which 97% is being recovered, they would produce approximately 32,000 ounces per year
    for a 300-day year. If you assume $850 gold and an operating cost of $310, you would be left with a cash operating profit
    of around $17 million.


    As more resources are proven up, I’m looking for management to expand the size of its mill considerably. In fact, in my
    discussion with management this past weekend, they openly talked about plans to boost capacity to 750 tonnes per day and
    then later to 1,200 tonnes per day. In fact, the Bachelor Lake Mill is quite an asset in and of itself, because there are many
    gold projects in this part of the world that may be too small to justify the expense of building a mill but which could be
    economic using Metanor’s mill. Reportedly, some 1.5 million ounces of gold have been discovered in this area of Canada
    from smaller deposits. I’m not suggesting Metanor will expand the size of its mill for the sake of custom milling as long as
    it has its own ore to mill. However, it is good to know the need in the area exists for additional milling capacity, because
    having a mill available could continue to generate cash flows if at one point in time a shortage of ore exists from
    Metanor’s own projects.


    Other Projects


    While the immediate focus of the company is on Bachelor Lake, it is important to recognize this is no “one trick pony”
    company. The map on your left shows you the locations of several other properties of merit in Quebec and Ontario. At the
    nearby Barry Property, a resource of approximately 179,000 ounces has been identified. At the Dubuisson Property,
    a resource of 468,000 ounces of gold has been outlined. The resource on the Barry Property is considered to be amenable
    to open-pit mining. The Opinaca Property is an earlier-stage gold property with some very exciting surface assays (0.55
    oz. over 52 ft. and 0.36 oz. over 75 ft. And the Wahnapitei Property, located near Sudbury, Ontario, is a gold target that
    has shown some good indications of cobalt and nickel as well. One factor that excites us about the long-term prospects of
    Metanor is its seemingly excellent and extensive exploration potential combined with near-term production. If, as I
    believe, the gold bull market has at least several more years to run, we think it highly likely Metanor offers investors a
    very, very good opportunity for substantial long-term gains if its shares are acquired at anything close to their current
    price.


    MANAGEMENT
    Serge Roy, Chairman and Chief Executive Officer of Metanor. Before founding Metanor he was President of
    Ressources Pyrinor inc. He is a residential and commercial construction contractor. Previously, he has held various
    positions with companies, such as Construction G.P.M., Stabell Resources Inc. and Ovaltex Consultant inc. (mining
    consultants and geological engineers). Mr. Roy holds a construction contractor's licence from the Commission de la
    Construction du Quebec.
    Ghislain Morin is President and COO. Mr. Morin participated in many feasibility studies with a view to implementation
    of mines, mining projects and mining product installation companies. Between 1981 and 1989, he founded Équipement
    Minier GRM Inc. for which he is now vice president. Mr. Morin has been involved in planning, management, monitoring,
    construction and evaluation of various mining projects since 1974.
    Claude Imbeault is General Manager-Operations of the Bachelor Lake-Barry Complex. Mr. Imbeault is a known
    professional active in the mining industry for almost 40 years, namely involved in the production startup of numerous
    mining projects. Mr. Imbeault was recently general manager of Camroc, a mining development division of Cambior-
    Iamgold with a hundred employees. Further, he acquired expertise as superintendent of the Chimo and Pierre Beauchemin
    mines (Cambior), and also the Lake Shortt mine (Minnova) and Montauban mine (Muscocho).
    Andre Tremblay is Metanor's director of exploration. He holds an bachelor's degree in geological engineering and a
    masters' degree in earth sciences (structure) from the Universite du Quebec in Chicoutimi. He's acted as a director of
    exploration and/or various senior geologist positions with companies (as Ressources minieres Coleraine, GeoNova
    Explorations, Gestion S.R.C. Inc., Groupe Minier O, Mines Camchib, Campbell Resources Inc.) in Abitibi and the
    Chibougamau area.
    Diane Bournival is the Corporate secretary of Metanor. She is a member of the Chambre des notaires du Quebec since
    1987. She holds a bachelor in law and a diploma in notarial science from the University of Montreal. She has practiced
    alone or in a partnership since 1987. In 1999, she became Director and Corporate Secretary of Matamec Explorations Inc.
    (a mineral exploration company listed on the TSX Venture Exchange). She has held the position of Regional Director of
    the Association des femmes d'affaires du Quebec (in Granby).


    SUMMARY & CONCLUSION
    Metanor is just now commencing production. I would suggest you make room for some tune-up problems that almost
    always occur when mining companies first put their projects into production. If, over the next year, management can
    overcome whatever technical difficulties may lurk ahead of them, we think this stock can be expected to rise dramatically
    from its current price level in the months to come. And given all the prospects it has in the pipeline, if it is successful in
    executing its business plan, I expect this small company will either get taken out at a higher price and/or develop into
    another household-name company, born out of eastern Canada’s most prolific gold mining regions.
    Of course success is never guaranteed. Mining is a hugely risky business, which is why the gains can be so phenomenal,
    especially during a bull market, when success occurs. But because of the risk inherent in this and any other stock, we want
    to remind our subscribers once again of our standing policy, which is to recommend you never allocate more than 5% of
    your portfolio to any one stock. From time to time you may wish you had put more into some of your more successful
    picks. But over the longer term, we think you will benefit most by avoiding extreme greed and simply following the good
    sense investment practice of diversifying your portfolio. We think Metanor could become a 10 bagger if it can begin
    generating cash flow from Bachelor Lake and then growing its gold production from internally generated cash flows. If
    they are successful in that regard, your 5% allocation will do wonders for your overall returns. If they are not successful,
    any decline in the price of this stock will not destroy your portfolio.



    Ist ja völlig sinnlos abends im Forum zu sein, nun schon seit zwanzig Minuten: Can't connect to local MySQL server X(
    VG heron

    Barry Deposit mit immer meeehr Potential :)


    Potential Extensions of Barry Mineralized Zones Up to 4km
    Monday March 3, 10:00 am ET
    Diagnos Study indicates new Copper and Gold targets


    VAL-D'OR, QUEBEC, CANADA--(Marketwire - March 3, 2008) - Metanor Resources Inc. (TSX VENTURE:MTO - News) reveals the results of a regional compilation by computer modeling carried out by Diagnos Inc which made it possible to locate new targets for gold on the Barry and Bachelor properties. The results of this study are available on the SEDAR website (http://www.sedar.com).


    A study was carried out by Diagnos Inc in order to process, with the assistance of the computer program CARDS (Computer Aided Resource Detection Software) all existing data on the Barry and Bachelor projects in order to identify zones with high probability in zinc, copper and gold content.


    On the Barry property, CARDS revealed several sectors of interest for gold generally located along a magnetic axis oriented SW-NE crossing the majority of the property and also associated with EM INPUT anomalies. A zone of prediction for gold coincides with the current main mineralized zone (stripping zone where the Bulk Sampling is in progress) and the prediction map indicates the continuity of the mineralized zones towards south-west and the north-east over a total extent of more than 4KM. In the northern sector of the property approximately 7km to the north-east of the stripped area, the prediction map also indicates the presence of a favorable context for gold and copper. A prediction zone favorable for copper was also located in contact with basalt and tonalite approximately 1.5km to the west of the stripped area.


    On the Bachelor claims, a zone with a strong probability for gold is associated with the main deposit and a new zone with a good favorability for gold was located in the south of the property close to the diabase dyke. Approximately 1km north of the deposit, a zone with high probability for copper extends along the contact of a gabbro sill.


    All the new targets identified with this study made by DIAGNOS will be carefully verified and investigated during the next exploration campaign which should allow Metanor to locate the extensions of the main mineralized zones and to significantly increase the actual resources of the Barry deposit.


    This tool for processing data and used by Diagnos has already proved useful in exploration. In 2005, Diagnos as mandated by Resources KWG Inc., carried out an analysis using the system CARDS of all the data covering the lake McFauld area in Ontario. This analysis made it possible to locate a priority target for base metal concentration located outside the KWG property but which exactly coincided with the new discovery that Noront was announcing in September 2005 (Press release of Diagnos, October 18, 2007).


    Mr. Andre Tremblay, P Eng. is the qualified person pursuant to National Instrument 43-101 and supervised the technical information presented in the news release.


    71 781 443 shares


    The TSX Venture Exchange does not accept any responsibility for the adequacy or the accuracy of the press release.


    Contact:
    Serge Roy, CEO
    Metanor Resources Inc.
    819-825-8678
    info@metanor.ca

    Acquisition of New Properties Near Barry Deposit


    VAL-D'OR, QUEBEC, CANADA--(Marketwire - March 12, 2008 ) - Metanor Resources Inc. (TSX VENTURRE:MTO) is pleased to announce that it has acquired by staking and purchasing properties with strong gold potential located in the sector of the Barry deposit, in the north of the province of Quebec.


    This acquisition of an important block of claims in this sector was made due to the excellent results obtained after the surface samplings carried out in 2007 on the Barry deposit and the encouraging preliminary results obtained on the Bulk Sampling currently in progress on the property. Moreover, a study recently made by Diagnos confirmed the presence of many sectors of interest for gold and copper on the property. Following this acquisition, Metanor now holds 387 claims totaling 6,932.44 hectares (17,130 acres) in this sector where interest is growing for gold.


    This newly acquired property includes 112 mining claims and 20 cells totaling 2 920,94 hectares (NTS 32B13 and 32G04) and is centered at longitude 75 degrees 45' E and latitude 49 degrees 05' N. This new property is divided into 2 separate blocks located at the south-east (Block 1) and the west and north-east (Block 2) of the Barry property. The south-eastern block includes 30 claims adjacent to the Barry property and covering the volcanic units located in the south-western prolongation of the horizon hosting the Lake Rouleau deposit owned by Beaufield Ressources which contains resources of 544,000 t at 7.2 g/t Au (Press release of march 17, 2004). A mineralized zone associated with a NE trending sheared zone containing pyrite, chalcopyrite and visible gold is located immediately to the north-east of the block of claims and grab samples performed there have returned values of 7.75 g/t Au and 10.30 g/t Ag.


    The west and northeast block has a north-south extent of approximately 6km and includes 82 claims and 20 cells attached to the Barry property in its southern end. This claim block covers several aeromagnetic anomalies associated with the south-western extensions of the volcanic and intrusive horizons containing many gold showings in this sector. Approximately 1.5km to the north-west of the Barry deposit, an east-west mineralized zone was traced by Gold Hawk Resources over a strike length of more than 600 meters and has produced diamond drillings gold intersections reaching 23.8 g/t Au over 4.4m and 6.0 g/t Au over 6.7m (Press release of march 4th, 2004). At the northern end of the new property, this claim block covers the extensions of the volcanic horizons which produced a previous diamond drilling of an intersection of 10.27 g/t Au over 1.5m.


    The acquisition of this new property confirms the strategy of Metanor to put all the resources necessary in order to make the Urban-Barry sector the next mining camp in Quebec.
    (...)


    http://www.marketwire.com/mw/release.do?id=831532


    VG heron

    heute Meldung über die ersten 2.000oz!:



    Metanor pours 2,000 oz gold at Bachelor Lake mill



    2008-04-08 09:34 ET - News Release


    Mr. Serge Roy reports


    METANOR POURS GOLD


    Metanor Resources Inc. has poured a total of approximately 2,000 ounces of gold at its Bachelor Lake mill facilities coming from its promising Barry open-pit property. This property, with a strong gold-bearing potential, is located in the Urban-Barry volcanic belt approximately 65 kilometres southeast of the Bachelor mine. These first gold bars come from the mill feed taken from the bulk sampling presently in progress at Barry. The mill feed was transported to and processed at the Bachelor Lake mill.


    The Bachelor mill is presently operating uninterrupted (seven days a week) at a capacity of 500 tons a day, and the company has plans to increase this capacity to 700 tons a day in the very near future. The company is well on its way in achieving its forecasted annual production of a minimum of 25,000 ounces. Claude Imbeault, newly appointed vice-president, operations, commented: "The mill is operating very well during this start-up phase, and with each day comes improvements in recovery and overall efficiencies. The teams working at the Bachelor mill and at the Barry open pit have made an extraordinary effort in making this project functional in such a short time."


    Serge Roy, chairman and chief executive officer, and Ghislain Morin, president and chief operating officer, have both stated: "This is a historic event for Metanor, as it is the culmination of the belief in us (Metanor management and employees) by our shareholders and the hard work and dedication of our employees to make this event a milestone in the company's success. We are very proud of our employees."


    Metanor has just begun a diamond drilling program of 15,000 metres on the Barry property. The purpose of this drilling program is initially to investigate lateral extensions and extensions at depth of the main mineralized zone in an effort to prove up geological resources and to better plan its excavation and processing of the orebody. This program will also investigate the lateral extensions and extensions at depth of the zone 43, located approximately 75 to 100 metres to the southeast of the main zone and which returned, in previous near-surface drilling, intersections of 20 grams per tonne gold over four metres and 5.9 grams per tonne gold over 6.8 metres. A broad fractured zone with gold-bearing veins, which connects the main zone and zone 43, was also delineated using these previous diamond drill holes. The extension of the original stripping carried out during the summer, 2007, allowed to laterally extend the gold-bearing zones, as well as to expose mineralized zones on the southern side and the northern side of the pit. All these new mineralized gold-bearing zones are included in a wide corridor of deformation with a width of more than 150 metres. During this exploration program, the stripping area will still be extended to further expose these gold-bearing structures as much as possible. Once the temperature allows it, it is planned to remove approximately 400,000 cubic metres of overburden in order to sample systematically and to analyze these gold-bearing zones.


    To reinforce this program were the very promising results obtained from the most recent study published by Diagnos showing a potential orebody stretching approximately four kilometres in length. "We feel that the Barry pit is potentially bigger than expected, as it is open in all directions and depth with the presence of visible gold. We are channel sampling 100 feet outside of the pit and we are ending in gold, this why we are going to remove a lot of overburden to further expose the potential of the Barry pit," stated Mr. Morin.




    :thumbup:

    Metanor Pours More Gold, Moves 2nd Drill to Promising Barry Property
    Thursday April 24, 9:15 am ET


    VAL-D'OR, QUEBEC--(Marketwire - April 24, 2008 ) - Metanor Resources Inc. (TSX VENTURE:MTO - News) is pleased to announce that it has poured more gold at its Bachelor Lake Mill facilities, bringing the cumulative total to more than 3,000 ounces of gold dore bars. The bulk sample mill-feed is from its promising Barry open pit property. The Bachelor Lake Mill continues to operate consistently at 500 tons/day, 7 days a week, 24 hours a day and is well on its way of producing its minimum 1st year forecast of 25,000 ounces. Ghislain Morin, President and COO commented "The mill continues to operate very well during this start-up phase, with each day comes continued improvements - for instance -recovery is presently at 96.6%. The operations at the mill continue to show testament of the hard work of our team."


    As previously announced, Metanor has commenced a 15,000 meter diamond drilling program at its promising deposit at the Barry camp. This drilling campaign was initiated to the southwest of the main zone trying to connect the main zone with zone 48. Due to the core samples taken to date with visible gold present, Management has mobilized a second diamond drill to the Barry camp and the second drill is presently on site and operating at full capacity. The core samples are analyzed at our on-site laboratory and are sent to an independent laboratory for verification, results are pending. This drilling program is being done in an effort to prove up the resources at the Barry camp and to better plan its ongoing excavation and processing of the ore body. To reinforce this program were the very promising results obtained from the most recent study published by Diagnos showing a potential body stretching 4KM in length. "With these core samples ,we continue to believe that the Barry pit is potentially a very large deposit as it is open in all directions and open at depth , this is why we are accelerating the drilling campaign with the addition of a second drill on site " stated Serge Roy, Chairman and CEO.


    Mr. Andre Tremblay, P Eng. is the qualified person pursuant to National Instrument 43-101 and supervised the technical information presented in the news release.
    72,159,450 shares
    The TSX Venture Exchange does not accept any responsibility for the adequacy or the accuracy of the press release.
    Contact:
    Serge Roy, CEO
    Metanor Resources Inc.
    819-825-8678
    info@metanor.ca

    Da kann man sich einen netten 3 Minuten Film ansehen.
    Cash costs zu 310$. Ob das nicht mehr wird?


    http://sectornewswire.com/release042508MTO.htm



    Video Footage of Canada's Newest Gold Mill in Operation; Unique Insight Into Metanor's Operation "From Ground to Furnace"


    NEW YORK, NY, April 25, 2008 /Sector Newswire/ - Metanor Resources Inc. (TSX-V: MTO) (Pink Sheets MEAOF) is a new, debt free, unhedged, gold producer in mining friendly Quebec and the subject of video insight that shows Canada's newest gold producer in operation. With less than 73M shares outstanding, no debt, and infrastructure replacement value of approximately $140M; the current intrinsic value (ignoring gold resources, growth, and cash flow from production) is close to CDN$2 per share. Valuation metrics based on forward projected cash flow potential of Metanor's Bachlor Lake Mill operating at full capacity of 1200 TPD and generating in excess of 65,000 oz gold in 2009 suggests a substantial upside share price adjustment as Metanor continues to execute upon its goals.


    Direct video URL Flash format: http://MiningMarketWatch.net/flashmto400.htm


    Direct video URL Windows Media format: http://easylink.playstream.com/radiofn/MTOgoldproduction.wvx


    Grüße
    Tschonko

    "Confusion is a word we have invented for an order which is not understood." Henry Miller

    Einmal editiert, zuletzt von Tschonko ()

    Hallo, ich habe eine Frage zu Metanor.


    Auf der Website von Metanor unter Financial Reports steht der Letzte Quarterly ist vom 31.3.07 wenn ich das richtig sehe. Was ist mit den Quarterlys bis jetzt? Bis 3/07 scheinen ja regelmässig welche rausgekommen zu sein. Brauchen die sowas nicht? Finde das etwas nachlässig, oder kann das durchaus normal sein??


    MFG


    Dread

    Ok, danke für die Antwort, nur wo veröffentlichen die ihre Berichte den, wenn nicht auf deren Homepage??


    MFG


    Dread

    Wenn die anderen glauben, man ist am Ende, so muss man erst richtig anfangen!

    Einmal editiert, zuletzt von dread ()

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