Gold/Mining/Energy: Metanor Resource Inc. (MTO.V) Producing Gold Mine and Mill
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Moderated By: stepup_keepup -- (Not Moderated) -- Started: 10/23/2007 3:24:32 PM  Revision History

Metanor Resources Inc. "Metanor" (TSX Venture: MTO) (US Listing: MEAOF) is a young junior mining exploration Corporation, incorporated since January 2003. Its head office and its exploration office are located in Val-d'Or (Province of Quebec, Canada). I write this as within days Metanor’s milling facilities are expected to produce from their 43-101 resources, their first gold bar. It is a rare event when a new gold mill and mine comes into production in a stable region. Here are a few quotes about what is being said:

“Canadian gold miner Metanor Resources will commence gold production from properties it owns in northwestern Quebec near Lac Bachelor at the end this month. 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 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, said Metanor CEO Roy. The mill is configured to produce dore bars of approximately 90% gold, with a small component of silver.”

"MTO.V appears to offer exceptional opportunity, their 2008 and onwards EPS will likely be very significant as a debt free unhedged gold producer. The current market cap relative to expected revenues is disproportionate; according to a recent analyst report MTO is in line for a serious upside price change."
Related Links”
Corporate Website: metanor.ca 
Review at MiningMarketWatch: miningmarketwatch.net 
Recent Analyst Report [PDF]: sectornewswire.com 
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35Fresh Releases - January 21, 2013 Northern Gold Mining V.NGM | Metanor Resourcecanucklehead80-01/22/2013 08:57 PM
34Sorry to be negative, but your summary is EXACTLY the same summary that caused mAlphaRomero-01/25/2012 12:04 PM
33I guess they had to dilute to get the wherewithal to develop- how else were theycambus-01/25/2012 01:43 AM
32Serial diluter. Expelled from my portfolio about 3 years ago. AlphaRomero-01/24/2012 09:37 AM
31This thread seems to be derelict but I imagine it will be resurrected once the bcambus-01/23/2012 07:37 PM
30Metanor Resources Inc.: Bachelor Lake Gold Project's Pre-Feasibility Study Cjimss-01/04/2011 08:02 PM
29Sprott still has faith. Sprott is still their #1 shareholder. C:\Documents andjimss-12/06/2010 02:46 AM
28Still......all things considered. A fairly low share count. Picking up sharepurepaloma-12/06/2010 02:20 AM
27Agree...they may have a good property, but I lost count of the number of times tAlphaRomero-09/19/2010 06:09 PM
26Although I have made money on them in the past, I gave up on Metanor some time LoneClone-09/19/2010 02:38 PM
25>mining expert Jay Taylor (who is head over heels in love with MTO< Jay Tbaystock-09/18/2010 12:54 PM
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