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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 Mar 11, 2024 2:08pm
68 Views
Post# 35926835

RE:RE:From what I saw and heard at PDAC...

RE:RE:From what I saw and heard at PDAC...Matt,

As you have suggested it makes sense to potentially spin off the Keno/Alluvial assets as an entity that will eventually get taken over by the obvious. That actually could be a great way to structure that newco to maximize its fair market value. While continuing the discovery process and adding a lot more ounces to bargain with.

La Plata is a real wild card in waiting. 

BTW my math was off from an earlier post when citing the ongoing rally in MMG share prices. Sorry about that but earlier this morning we almost got to Mr. Market stepping in and weirdly correcting my error!

MMG's future is looking so bright I just might have to start wearing sunglasses when posting here...

Thanks for your continued thoughtful commentary.

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