Metallic Minerals Corp V.MMG

Buzz on the Bullboards: TSX hits new high amid holiday optimism and sector disparities

[Jonathon Brown]

This past week, the TSX reached a new intraday high, reflecting a buoyant market sentiment as investors gear up for the holiday season. read article.

[mattbigham]

Over an hour on all things MMG so I am not writing this one out. Some headline grabbers: 2:41:55 The goal at La Plata is .5% -.75 % Cu Eq for a mineable operation ideally 50-100 million tonnes of 3

[goldstd69]

share price is on a decline...hoping this is near a low...

[mattbigham]

We are languishing from lack of news/ forwarding the projects. The last NR of any consequence was April 16th: Metallic Minerals Announces Drill Results and New Drill Targets at the La Plata Project

[deet]

Oh by the way, silver is up again today. But as an MMG shareholder, you'd never know it.

[deet]

Yes, everything makes sense. That's why I can't understand why we've been dead in the water for what seems like an eternity....now trading below a measly 20 cents again. MMG never fails to

[mattbigham]

I agree and to date you are correct.  Management have begun down the road of maximising the ounces out of Formo as that deposit is right next to HL's mill complex. Management states they

[SilverSam]

Matt, everything you say makes sense.  I'm just not convinced that Hecla management is willing to pay much of a premium to obtain the properties, and attracting another bidder would be a real

[mattbigham]

MMG's Formo deposit is situated five kms from Hecla's mill complex. Hecla's Keno West and Hecla's Rakla properties are sandwhiched between MMG's Keno district holdings: https

[SilverSam]

Don't hold your breath on a significant buy-out offer from Hecla.  Years ago, their management, as the largest shareholder in Dolly Varden, tried to take them out while their share price was

[mattbigham]

MMG management are wealthy,successful and very experienced. They own 17% of the shares in MMG so they will do what is best for the shareholders although they are progressing methodically.painfully

[deet]

Silver and gold up this morning....MMG...drip, drip, drip down. Very frustrating....and disappointing to say the least. Management's number one responsiblity is to increase shareholder value!

[mattbigham]

2:15 "With higher silver prices we may be able to raise more money to do more exploration.to move our Keno silver project from an 18 million oz resource upwards of  50 million oz  in a

[mattbigham]

We're in a window where we can expect the revised resource at La Plata,an update of drilling there and news from the alluvials and/or Keno as that DP concluded a month or more ago. Technically,the

[preciousswede]

Well this was a really nice day for a change. This kind of move and also the volume make me guess there are some progress in discussions, maybe about Keno? A double from here and we got a more fair

[SilverSam]

Wow!  It didn't even take a press release to send this stock rocketing higher, almost overnight!