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MTB Metals Corp V.MTB

Alternate Symbol(s):  MBYMF

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.


TSXV:MTB - Post by User

Bullboard Posts
Comment by arossblueon Sep 25, 2012 1:01pm
189 Views
Post# 20411955

RE: THE WEEK TO COME

RE: THE WEEK TO COME

"NOW I WILL TRY NOT TO PUMP TO MUCH, the one negative thing i see in the future is that management just released the first glimse of a underground portal......... we are looking at 2 million to establish that with all the safety and mining engineering needed. when the funding is announced it will rather force the stock in either direction"

  Most investors are focussing on DEC's 65% ownership of Red Cliff, vs MTB's 35%. Thinking DEC has more bang for the buck! Although if costs and expenditures are considered, DEC is going to be spending twice as much as MTB. I think management should be very careful how the costs are split going forward. With DEC claiming 100% ownership of the adjoining property's. If the portal is used for drilling on decades 100% owned property, they should have to reimburse MTB.

Our other partner Jayden aquired property after they signed the deal with MTB, and they still gave MTB 20% ownership of the acquired land. Why hasn't Decade done the same in regards to this partnership? I'm personally getting sick of reading about DEC's 100% ownership of the adjoining property's. Especially on MTB's press releases! Isn't there anybody from MTB capable of writing our own press releases?

Bullboard Posts