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Market Equities Research - Market Bulletin -
February 5, 2016 12:30 PM ET
Mining analyst sees potential for 1,000,000+ new gold ounces in walking
distance from Metanor's Bachelor Mill
Simon Levinson, s.levinson@marketequitiesresearch.com
click to view new BVBA advisory
"...with an operating mill,
an exciting exploration target at
Bachelor Lake and almost 1 million ounces of gold at Barry
(which is still open in most directions),
the current market capitalization of C$17-25M
(and enterprise value of around C$30M),
Metanor is still very reasonably priced.
Should Moroy confirm our expectations, there’s no reason why
this stock couldn’t go back to a double-digit share price."
- T. Lepouttre, BVBA February 4, 2016
NEW YORK, NY, February 5, 2016 /Sector Newswire/ -
Metanor Resources Inc. (TSX-V: MTO) (US Listing: MEAOF) (Frankfurt: M3R)
is a commercial gold producer at its 100%-owned
Bachelor Gold Mill in Quebec.
Over the last few months Metanor has released a series of stellar drill
results from its new South Zone/Moroy Property located south of
the pluton, only ~900 meters south of the headframe at
Bachelor (e.g. 10.1 g/T Gold over 26.2 m, 6.7 g/t Au over 38.4 m,
18.9 g/t Au over 5.6 m, 15.3 g/t Au over 6.6 m).
The new system appears to be huge and to be of higher average grade and
thicker structure than the Bachelor/Hewfran sections it is currently
mining.
Metanor is the subject of a newly issued research report by mining
analyst Mr. Thibaut Lepouttre, Managing Director at Belgium-based
mining and commodity research BVBA firm Caesar
(managers of Caesars Report mining newsletter).
In the report he extrapolates results to date and sees potential*
for 1,000,000+ new high-grade ounces from the South Zone
(see excerpt copy of report below).
A couple years ago Mr. Lepouttre made Metanor his top Canadian
pick and personally conducted a site visit.
Currently trading with a market cap of ~$17 million - ~$25 million he
believes Metanor presents exceptional upside opportunity.
http://marketequitiesresearch.com/marketbulletin-mto-feb-2016.htm
- God Bless -
February 5, 2016 12:30 PM ET
Mining analyst sees potential for 1,000,000+ new gold ounces in walking
distance from Metanor's Bachelor Mill
Simon Levinson, s.levinson@marketequitiesresearch.com
click to view new BVBA advisory
"...with an operating mill,
an exciting exploration target at
Bachelor Lake and almost 1 million ounces of gold at Barry
(which is still open in most directions),
the current market capitalization of C$17-25M
(and enterprise value of around C$30M),
Metanor is still very reasonably priced.
Should Moroy confirm our expectations, there’s no reason why
this stock couldn’t go back to a double-digit share price."
- T. Lepouttre, BVBA February 4, 2016
NEW YORK, NY, February 5, 2016 /Sector Newswire/ -
Metanor Resources Inc. (TSX-V: MTO) (US Listing: MEAOF) (Frankfurt: M3R)
is a commercial gold producer at its 100%-owned
Bachelor Gold Mill in Quebec.
Over the last few months Metanor has released a series of stellar drill
results from its new South Zone/Moroy Property located south of
the pluton, only ~900 meters south of the headframe at
Bachelor (e.g. 10.1 g/T Gold over 26.2 m, 6.7 g/t Au over 38.4 m,
18.9 g/t Au over 5.6 m, 15.3 g/t Au over 6.6 m).
The new system appears to be huge and to be of higher average grade and
thicker structure than the Bachelor/Hewfran sections it is currently
mining.
Metanor is the subject of a newly issued research report by mining
analyst Mr. Thibaut Lepouttre, Managing Director at Belgium-based
mining and commodity research BVBA firm Caesar
(managers of Caesars Report mining newsletter).
In the report he extrapolates results to date and sees potential*
for 1,000,000+ new high-grade ounces from the South Zone
(see excerpt copy of report below).
A couple years ago Mr. Lepouttre made Metanor his top Canadian
pick and personally conducted a site visit.
Currently trading with a market cap of ~$17 million - ~$25 million he
believes Metanor presents exceptional upside opportunity.
http://marketequitiesresearch.com/marketbulletin-mto-feb-2016.htm
- God Bless -
My opinions are my own and and DD I post should be confirmed as unbiased
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