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Metallis Resources Inc V.MTS

Alternate Symbol(s):  MTLFF

Metallis Resources Inc. is a Canada-based mineral exploration company. The Company is focused on the exploration of gold, copper, nickel, and silver at its 100%-owned Kirkham Property. The Kirkham Property covers approximately 106 square kilometers and is located about 65 kilometers (km) north of Stewart, British Columbia, in the heart of the Golden Triangle's prolific Eskay (Sulphurets) Camp. It is located along a strategic geological boundary on the western margin of the Eskay Rift system and is prospective for multiple mineral deposit types. The Kirkham Property is within 20 km of the past producing Eskay Creek mine while the eastern border is within 12 - 20 km of Seabridge Gold's KSM deposits and Newcrest Mining's producing Brucejack mine. The Company’s Greyhound Property is a gold/silver target in Idaho, United States. The Company’s Greyhound Property is located in Custer County, Idaho, approximately 42 km northwest of the town of Stanley.


TSXV:MTS - Post by User

Bullboard Posts
Comment by klondikekidon Oct 27, 2017 9:19pm
138 Views
Post# 26870968

RE:Drillers paid share, news

RE:Drillers paid share, newsAs I speculated on CEO.ca, this would correlate to Sept 4/5th for the end of the first drilling at Cliff (approx .45 cents per share x .75 (25% max discount) for .3375 shares for drilling services).   It is interesting to note the share price appreciation and volume increase between the 5th and the 11th (low of .43 to a high of .88).    There was news on the 1st of september and on the 12th, but nothing to account for this price increase aside from the drill program finishing.   I would be inclined to speculate that people liked what they saw coming out of the drill holes at Cliff enough to cause a double in SP.  
Bullboard Posts

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