MTB Metals Corp V.MTB

Alternate Symbol(s): MBYMF

Metals & Mining Industrial Metals & Minerals

MTB Metals Corp is a Canadian mineral exploration company. The Company has six active projects spanning 670 square kilometers (67,587 hectares) in the prolific Golden Triangle of northern British Columbia. Its projects include Telegraph, American Creek, Red Cliff, BA property, Theia and Southmore. The Telegraph project is located in the vicinity of four porphyry deposits being advanced by mining companies: Galore (Teck / Newmont), Schaft (Teck), Saddle (Newmont) and the operating Red Chris copper-gold mine (Newcrest / Imperial Metals). The American Creek project is centered on the historic Mountain Boy silver mine. The project is road accessible and 20 kilometers (km) from the deep-water port of Stewart. Red Cliff is a past producing gold and copper mine in which the Company holds a 35% interest. The BA property is a silver-lead-zinc mineralization located approximately four km from the highway. The Southmore is in the midst of some of the deposits in the Golden Triangle.

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MTB Metals Corp

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Post by tiengongon Jun 26, 2012 12:59pm

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Post# 20055570

potential buyout price

Chinese are getting richer. It was in the recent news that one new immigrant to Vancouver paid 700K for a house with asking price of $400K, how generous! It is easy to explain, China is awashed with money with the number of millionaires approaching 1 million. https://www.chinadaily.com.cn/cndy/2011-06/24/content_12764564.htm
https://money.cnn.com/galleries/2012/news/economy/1205/gallery.china-middle-class/?iid=HP_Highlight

We hope a Chinese mining company will offer generously to buyout our properties. Our close neighbour, Imperial Metals' Red Chris property which has a resources value of $8.4 billion bought out ABP, its JV partner's 30% interest with 20 million shares outstanding for $2 per shares. MTB has AT LEAST 4 properties with commercial grade mineralization (Red Cliff, Siver Coin,Dunwell,BA), hopefully with a combined resources assets that is 4 times that of Red Chris or at $32 billion. Based on a rough estimate: MTB's outstanding shares is 158 million, fully diluted, about 8 times that of ABP but with 4 times the resources as Red Chris alone, so $2 times 4 divided by 8 equals $1 per share, a logical $158 million buyout price. Total buyout for JDN, DEC and MTB will total roughly 3 x $158 million =
.5 billion.
.5 billion for a $32 billion resources is a steal ! The NI43-101 resources estimate in Red Cliff and Siver Coin will be due out soon from Jayden and Decade.

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.............................................* (Imperial Metals's Red Chris gold-copper property)
...............................................about 190 Km north of Mountain Boy's properties
...............................................Minable Mineral Reserves: 300 million tonnes of
............................................... 0.36% copper, 0.274 gram per tonne gold
................................................valued at $8.4 billion at copper price of $3 per pound
................................................and gold price $1,000 per oz.
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.............................................* (Mountain Boy's Red Cliff, Silver Coin, Dunwell
...............................................and MB Silver properties) 20 Km north of Town of Stewart
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.............................................* TOWN OF STEWART.....................
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.......................................................* (Canasia's Clone property)
.......................................................about 20 Km southwest of Town of Stewart
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