Articles & News About Money & Coin Collecting

Valuation Alert - Metanor Resources Set to Profitably Pour Gold Bars within Days and Described as 'The New Agnico-Eagle'

New York, NY (PRWEB) September 17, 2007 -- Precious Metals Review of Metanor Resources Inc. (TSX-V: MTO) (OTCBB: MEAOF) provides insight into the opportunity afforded investors as within days Metanor's milling facilities are expected to produce from their 43-101 resources, their first gold bar. This exciting exploration, soon to be producer, is the subject of a recently published article by regular Kitco contributor, gold and silver mining expert, journalist David Bond. Precious Metals Review has published a synopsis of the article and provides full text of the aforementioned subject article.

The full Precious Metals Review / Valuation Alert Special Situation Advisory with chart may be seen at http://preciousmetalsreview.com/PMreview091407.pdf

Excerpts:

"If you missed Agnico-Eagle at 70 cents, don't miss this one"

"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."

The full Precious Metals Review / Valuation Alert Special Situation Advisory with chart may be seen at http://preciousmetalsreview.com/PMreview091407.pdf

This release may contain forward-looking statements regarding future events that involve risk and uncertainties. Readers are cautioned that these forward-looking statements are only predictions and may differ materially from actual events or results. Articles, excerpts, commentary and reviews herein are for information purposes and are not solicitations to buy or sell and of the securities mentioned. Readers are referred to the terms of use, disclaimer and disclosure located at the above referenced URLs.

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