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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Dear Agoracom Family,

I want to thank all of you for your patience with us over the past 48 hours and apologize for what was admittedly a botched launch of our new site.

As you can see, we have reverted back to the previous version of the site while we address multiple forum functionality flaws that inexplicably made their way into the launch.

To this end:

1.We have identified 8 fundamental but easily fixable flaws that will be corrected in the coming week, so that you can continue to use the forums exactly as you've been accustomed to.

2.Additionally we will also be implementing a couple of design improvements to "tighten up" the look and feel of the forums.

Have a great Sunday, especially those of you like me that are celebrating Orthodox Easter ... As well as those of you who are also like me and mourning another Maple Leafs Game 7 exit ... Ugggh!

Sincerely,

George et al

Message: Canadian Dollar down to $0.8082 USD

Canadian Dollar down to $0.8082 USD

posted on Nov 19, 2008 04:03AM

Thats $1.2373 CAD to buy $1 USD

With Gold at $736 = $910 canadian

Not long ago when $1 USD = 1.14 CAD

and Gold was at $800 ($65 higher) Metanor was selling gold at $919 cnadian.

So even if Canadian $ falls to $0.70 and gold down another $100 to $635 Metanor will still be selling gold for over $900 canadian LOL

So either way you go Metanor will be in the business. Gold goes up canadian $ goes up, US $ goes down we lose some on exchange but higher gold prices recompensate the exchange loss. Gold goes down, canadian $ goes down US $ goes up we make the same $ because of weaker canadian $

So we are basically immune to any fluctuation :)
As of now Metanor is making rougly $500 on every ounce if you take $400 production cost.

Art27

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