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Bullboard - Stock Discussion Forum 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 ... see more

TSXV:MMG - Post Discussion

Metallic Minerals Corp > Right now!
View:
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 jimdines1234567 on Apr 19, 2024 2:33pm
Idle, Per John McEnroe " YOU CAN NOT BE SERIOUS!" How can you be so misinformed? Where did your 3.5 million cash "leftover" come from? Per the most recent Sedar M D &A on 3/28/24 MMG had $678,000 cash and $ 427,000 in a gold investment. That is nowhere near enough capital to do a meaningful drill campaign at LP this year. I expect the next non-promotional press release ...more  
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!
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