Metallic Minerals Corp V.MMG

Buzz on the Bullboards: A challenging week for the TSX amid investor caution

[SilverSam]

Thanks for your input, Matt, in clarifying some of the issues raised in the Kaiser analysis.   That is one of the benefits of these websites where knowledge can be shared among interested

[mattbigham]

The Keno Silver Project 2024 Resource Estimate is a considerable milestone following initiation of exploration in 2017 by the Company on the largely unexplored and previously unconsolidated property

[mattbigham]

There is not even an inferred resource on this project. After getting up/down the mountain we're talking a three-four hour drive for heavy machinery to get ore to the Hecla Keno mill complex

[SilverSam]

While the focus has been on an eventual take-out of MMG within the Keno Hill district by Hecla, another possibility is that SNAG goes first.  What follows below is an interesting analysis of SNAG

[mattbigham]

We've been formally waiting for this updated resource since June of 2024. With only 30 trading days left until MMG presents at PDAC (Mar 02-Mar 05) I wonder if they will want to attract majors

[Jonathon Brown]

The TSX faced challenges as investors remained cautious, bracing for the upcoming US inflation data to gauge the Federal Reserve’s stance. read article.

[mattbigham]

MMG is thinly traded,especially considering there has been no drilling to report for the last nine months,this is to be expected. However, the last three trading days have created volume spikes on

[SilverSam]

Anyone know of the proximity between MMG, Hecla, and Silver North Resources?  One would think that SNAG would also be in the plans of a Helca consolidation of the Keno Silver mining district

[mattbigham]

Again,silver will not effect the price of MMG while management  have declared that Formo/Keno is an entity to further La Plata by monetizing it in whole and/or parts. MMG's fortunes are now

[Powermano7]

Your 1980 ratio memory is from when Bunker Hunt tried to corner tthe market on silver and run it up very suppidly followed by other stupid people but if you recall the Hunts went broke over this and

[Powermano7]

Mat you just about busted my calculator with your numbers. Today gold is about $2650 and silver is in the $30 ramge. So my calculation is thtat the ratio of silver to gold is 2650 / 30 or 88 - 1. 

[mattbigham]

At the peak of the last precious metals boom in 1980 the ratio had narrowed to 17 The ratio stood between 10:1 and 13.5:1 two thousand,five hundred years ago when silver was far more plentiful to gold

[Powermano7]

Using the 80 / 1 ratio of siver to gold, then gold will need to be $8000 when silver is at $100 all of which is going to happen a little later this month so you can be laughing...all the way to the

[deet]

A lot hinges on the price of silver, of course but I have a feeling we are in for a much better year. If gold goes to $5,000 and silver to $100, MMG shareholders will be laughing all the way to the

[mattbigham]

In their latest presentation HL lay out the steps and requirements to upgrade their milling infrastructure to 600 tpd. Page 22 of their January 2025 presentation: https://s29.q4cdn.com/244919359

[mattbigham]

The famed and  historic Cripple Creek mining complex sits 60 kms away from Durango as the crow flies. MMG's La Plata project is 26 kms northwest of Durango where the Durango-La Plata airport