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Metanor Resources Inc V.MTO

Sector: Metals & Mining | Sub-Sector: Gold
Alternate Symbol(s): MEAOF

Metanor Resources Inc. is a Canadian based advanced stage exploration company with five gold properties, four in Quebec and one in Ontario, located in the heart of historically prolific mining areas.
Price: $0.155 | Change: $-0.005 | % Change: -3.12%
Volume: 105,700 | Day High/Low: 0.16/0.15 | 52 Week High/Low: 0.28/0.07
Metanor Resources Inc > eagle hill explo
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eagle hill explo

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2 stars
June 23, 2013 03:03 am

they're to the NE of barry, have 1.3M oz hi grade, selling for $14M market cap,when we're $20M with a working mine and all  infrastructure, permits, etc etc.

 

crazy cheap valuation. keep buying below ten cents. too cheap!

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RE: eagle hill explo

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2.5 stars
June 23, 2013 10:20 am

There is EAG indeed, but there is also Bonterra. Potentiel is there, really! However, we need to first get to full production and start making money. 

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RE: RE: eagle hill explo

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2.5 stars
June 23, 2013 01:18 pm

Absolutely correct.

Management does a good job of looking to  future prospects but I'm not convinced that they get the neccessity 

of securing the basics first.Maybe that they have always been able to secure financing when neccessary has

them believing it will always be like that.

Having the prospect of low costs gives us lots of hope, but I'll bet that the drop in price  per oz has focussed

their attention on the main chance again.

Discussion on another thread has centered on the variation in reporting costs and the absolute desireability

of low costs.

If we can just get through the next few months and into full production at Bachelor there is no doubt there is

blue sky ahead.Or does this sound too familiar.?

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