Opinions
Jay Taylor
Metanor Resources Inc.
MTO-X
PAST TOP PICK
Jul 30, 2008
(A Top Pick May 21/08. Down 36%.) Down due to a malaise in the small cap mining stocks. Exploration is going very well. Have an open pit mine that is about 5 grams per ton that they are feeding their mill with. Still likes.
$0.690
Stock price when the opinion was issued
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Located in Val Dor Quebec. Barrie deposit is relatively high-grade open pit, which is close to the mill. Possibility is upwards to 2,000,000 ounces. Should be very low cost production at about $3.50 an ounce. Planning to increase the size of the mill and increase production from 25,000 ounces this year to 50,000 next year. A real sleeper.
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