Post by
jimdines1234567 on Apr 19, 2024 10:44am
Right now!
What matters most after absorbing the recent drill results from the 2023 program is how Newmont interprets the assays and continues to support the 2024 and beyond exploration/discovery process at La Plata.
All the, pay for research "Analyst Coverage" that so far has been way off the mark and WRONG will not lift the stock price of MMG.
What will, is a resounding endorsement by Newmont putting a meaningful amount of new capital into the continued exploration at La Plata.
Especially at what price does NEM move forward with its continued backing of MMG?
With Dr. Copper knocking on the door of $4.50 a pound and gold & silver finally breaking out. A true tell on the new results will be what happens next...
JD
Comment by
GoldenIdle on Apr 19, 2024 12:19pm
Ok they raised $6.3 M 11 months ago . They drilled 4 holes and did field exploration work . Do they have over $3.5 M leftover? Hopefully more than that ! if so , 2024 drill program is funded ! Next news release should give us data re drill program at those drill ready targets !
Comment by
GoldenIdle on Apr 19, 2024 4:14pm
Misinformed ? I had no info . I can gladly say that MMG makes up a very small % of my portfolio and lazy me hoped to garner some info and conversation at this message board . Seems very expensive to drill . If I wasn't so busy having fun I would go to Sedar and see the grim figures .... later
Comment by
jimdines1234567 on Apr 19, 2024 4:20pm
Idle, perhaps you need to get out of idle... May the force be with you!