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Bullboard - Stock Discussion Forum Mammoth Resources Corp V.MTH

Alternate Symbol(s):  MMMRF

Mammoth Resources Corp. is a Canada-based precious metal mineral exploration company. The Company is focused on acquiring and defining precious metal resources in Mexico and other jurisdictions in the Americas. The Company holds a 100% interest in the 5,333-hectare Tenoriba gold property located in the Sierra Madre Precious Metal Belt in southwestern Chihuahua State, Mexico. The Company is... see more

TSXV:MTH - Post Discussion

Mammoth Resources Corp > Mammoth: NEW ATH!: Project Positioning & Resource definition
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Post by honkytonkgirl1 on Dec 31, 2020 5:39am

Mammoth: NEW ATH!: Project Positioning & Resource definition

Mammoth closed at  .115 yesterday and recorded a new all-time-high,

without news and
without any selling pressure!!!


(Everyone 'in' is apparently expecting gains in the near future)



Upcoming Catalysts in Q1/21 include:

$500,000 program to position project for resource drilling


3M. 50 hole 7,500 metre resource definition drill program

$5million spent on the project, including: 26 diamond drills holes
testingareas along a
4 km strike length to 150 m depth,
18 of which are potentially economical: 24.7m  grading 4.0 g/t gold to 126.8m grading 0.52 g/t gold.

Mineralization appears amenable to low-cost open pit mining (abundant surface mineralization) and heapleaching processing (freegold)

Within weeks the shareprice will leave the lower .10 levels.

This is my favorite  -near term profit-  pick for 2021!!!

Happy and a prosperous New Year everyone.

HTG 
Comment by honkytonkgirl1 on Jan 16, 2021 4:20am
Mammoth has announced the PP and it's WITHOUT WARRANTS !!! This is unheard og in Junior mining companies and it speaks volumes as the CEO must be extremely sure and confident about his ability to raise money. We can therefore expect the PP to close within days and from then on the shareprice will go up. I expect investors will not be able to buy Mammoth shares below .13 anymore after the ...more  
Comment by Roddiggiti on Jan 17, 2021 11:03am
Strong demand when you can do a pp without warrants.
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