Metallic Minerals Corp V.MMG

Alternate Symbol(s): MMNGF

Metals & Mining Industrial Metals & Minerals

Metallic Minerals Corp. is a Canada-based exploration and development stage company. The Company is focused on copper, silver, gold and other critical minerals in the La Plata mining district in Colorado, and silver and gold in the high-grade Keno Hill and Klondike districts of the Yukon. Its flagship Keno Silver project is a 100%-owned, brownfields property consisting of 171 square kilometers (km2) in the historic Keno Hill Silver District of Canada’s Yukon Territory. The La Plata project covers 44 km2 within the high-grade La Plata mining district located at the southwest end of the prolific Colorado Mineral Belt. The Company holds 100% interest in 26 miles (36.4 km2) of creek and bench mining rights along the Australia Creek drainage, in the Klondike gold district near Dawson City, Yukon. It owns 100% interest in mining rights consisting of 10 claims totaling one mile (1.6 kilometers) along a bench of Dominion Creek, in the Klondike gold district near Dawson City, Yukon.

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Metallic Minerals Corp > MMG AT $4.00 HOW?????

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Comment by MAAXXYon Aug 26, 2020 2:31pm

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Post# 31456877

RE:RE:MMG AT $4.00 HOW?????

AXU has 1,117,380 tonnes and 30,453,000 oz. of silver as a reserve giving them the $3.50 share value.

Drilling is very xpensive. It is going to take LOTS and LOTS of drill holes with hi-grade results, high percentage of hits, a LOT of cash and time to reach the 30 plus million oz of silver. Will need a lot more cash thus more dilution of stock.

If it happens, it will take time and a lot of cash.

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