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Metallic Minerals Corp V.MMG

Alternate Symbol(s):  MMNGF

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.


TSXV:MMG - Post by User

Comment by jimdines1234567on Feb 24, 2024 9:59am
67 Views
Post# 35897078

RE:RE:RE:What's the odds?

RE:RE:RE:What's the odds?Matt,

Will try to provide some color from PDAC impressions.

In my earlier post, I am, only supposing that the Keno resource will be revealed at PDAC. Perhaps they wait on the FORMO news and just release LP. Very soon we will know if they release both. 

I am hoping that they release both and do not try to over-finesse timing, the company needs to deliver KENO & LP results ASAP. That news has to be meaningful on its own accord and not count on some clever sequencing to juice the stock price for a few days for promotional purposes.

As a longtime MMG shareholder, I fully expect to see Greg & Scott right after they release Keno, LP, and let us not forget the alluvial streaming results ( just how much did Parker make us, by now there is no way that they don't have that data) Walk on water...

All kidding aside, next week is probably one of the most consequential in Metallic's history. I am waiting to see if they actually have THE GOODS! 

There are so many possibilities to be rewarded with; does Hecla step forward and offer to buy parts or all of Keno? Do the drill results from LP precipitate a larger stake by Newmont? Could the Parker cash flow and possibly additional streaming agreements with added operators become actually meaningful and a creative way to provide a non-dilutive cash resource? 

Which, Ye Old MR. market will tell us in the next few days.

JD

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