TSXV:MPM.W - Post by User
Comment by
MarlinLongon Jan 27, 2022 3:58am
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Post# 34365555
RE:RE:The Conundrum
RE:RE:The Conundrumadded yesrday at .375, thank you mr.market. Apart from the great potential at wildcat and mountainview not to mention there numerous other properties in this land package, the experienced team that has already discovered 59m oz at previous projects, the best jurisdiction for mining in the world, the long term institutional sharholder base that is unheard of for a Jnr with a 50m mkt cap.
what I really like is this is a new project with a new consolidated land package and the capital structure is super clean i.e., there are not millions of warrants, or flow through shares hanging out there from previous financings ready to be dumped at the next spike (there are only 2.7m warrants oustanding as a result of the listing last year, probably broker warrants).
There are vey few Jnrs with this potential that dont have previous financings massive overhangs on their share prices. Once this re-rates it should happen quickly and without the encumberence from tens of millions of warrants waiting to be excercised.