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Bullboard - Stock Discussion Forum 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... see more

TSXV:MTS - Post Discussion

Metallis Resources Inc > GLAD TO HAVE JOINED THE GROUP
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Post by NoMiner on Jun 18, 2022 5:57pm

GLAD TO HAVE JOINED THE GROUP

By way of background – with QEX now history, I have recently taken a position in MTS, as well as ‘dipping my little toe into GGI’.  For now I have also maintained the SKE shares that were part of the QEX buy-out – I would have probably sold them if their SP hadn’t declined so much in the last while – now I’ll probably wait and see what happens when the FS is published. 
 
Certainly these are tough times for most of the juniors, as well as the rest of the market for that matter.
 
Being relatively new to MTS, I’m hoping for some input from longer-term shareholders who have a more extensive knowledge of the Kirkham Property/targets, previous exploration results and 2022 exploration plans, and the management/exploration  team (and their decisions).
 
First I’ll make a few comments about the fundamentals as I saw them, prior to investing – I look forward to your comments as to whether or not you think I’m on the right track, or whether I’ve missed anything significant. 
 
Property – last year’s ZTEM survey of basically the whole property has provided a foundation on which to refine the exploration; it greatly enhances the chance of major success in the near term – especially with this year’s further drilling on the Cliff-Miles Porphyry Corridor  
 
Finance & Shares – management has maintained significant ownership; AF (CEO) has provided strong leadership to ensure minimal share dilution over the years; almost unbelievable MC of only $10-12M, with only 50-60M shares out – if/when there is a major strike (2022?), potential for just as major increase to the SP
 
Technical Expertise – the last couple of years has seen AF add some very strong technical skill and leadership, with demonstrated success experience in the GT – Charlie Greig (ex-GT Gold….) and the recent appointment of one of his associates (ND) as our new Chief Geologist – their demonstrated knowledge, skills, and achievements just underscore the potential for early discovery
 
So, basically that’s why I invested – I mean, they seemed to begin to show last year that we have the minerals – if this year they can begin to prove it out – then I’ll  be interested what that does to our $10-12M MC!
 
I look forward to hearing your thoughts.
                                    IMHO                                                  DYODD
Comment by Silverspot225 on Jun 20, 2022 4:52pm
Good choice my friend. This little exploration company has its sights on bigger and brighter things. Massive amount of potential, 11 KM trend of mineralization, that's KSM territory. Seabridge KSM, 35 mill ounces KSM. This is just the beginning and this will skyrocket once the public figure it out. Keep drilling and expanding the resource MTS, brother horizons on the way. JMO SILVERSPOT
Comment by hairinc on Jun 20, 2022 8:51pm
What do they have? Is it gold? Is it copper? Is it nickle? Same low spend year after year and weak indecisive management hasn't resulted in any appreciable performance for anyone buying this stock. They're just watering the stock and playing around. This use to be well over a dollar...a long long time ago.
Comment by Silverspot225 on Jun 21, 2022 1:56pm
Tough environment to raise money. It's also even harder to find a resource, this ain't easyyyyy. MTS still ha s a very small float and now have hired some big guns to fire away at the deposit. Ztem, have you seen it. Looks likes millions of ounces of mineralization underneath. Just need a few more holes to figure this out puppy out. Stay tuned. JMO SILVERSPOT
Comment by NoMiner on Jun 22, 2022 7:29pm
Yes SS, the 11 km mineralized trend has elephant-sized potential + last year they started to identify/confirm some of the better gold targets and their breadth.  Better still, we now seem more able to know where to target (with the ZTEM data and the new technical leadership) – our new 3D interpretative model seems to be providing results.  The later 2021 drilling results speak for ...more  
Comment by Silverspot225 on Jun 23, 2022 11:45am
Have a look at the last report and YouTube videos. The 11km trend looks exactly like KSM long deposit. Takes time to drill and build a resource but this BABY is going to be huge. I'm buying all I can below 1 dollar, no brainer. Management also cares about dilution, look at Seabridge. Low.float and good management goes a long way. JMO silverspot
Comment by NoMiner on Jun 23, 2022 11:49pm
Yes SS, I was really impressed by that May 31, 2022 Youtube video, where FA and ND are interviewed regarding MTS’s 2022 proposed activities.    The way ND just presented and explained their model and interpretations of the Cliff-Miles, especially the Cliff zone – you could tell that his comments weren’t part of a canned presentation, but instead it was just a conversation with a very ...more  
Comment by hairinc on Jun 28, 2022 4:33pm
MTS isn't worth your attention. A little hit of info, finance a little bit of work, options to directors that won't see the light of day=Losers playing a never ending game. It will NEVER be a mine! IMO Find a real company that makes a profit. MTS are just holes in the ground
Comment by NoMiner on Jun 28, 2022 9:53pm
HI says "MTS isn't worth your attention...." - so help me understand why you're giving it your attention. I'm not trying to be smarta-- I really want to understand why you would bother to spend your time here then.  
Comment by hairinc on Jun 30, 2022 1:28pm
SELL SELL SELL. Money for general corporate purposes, or IMO, more dithering by a medocer management team. What do the have after 5 years of development. These guys SUCK!
Comment by Silverspot225 on Jun 30, 2022 1:59pm
thanks for the financial advice good friend. I sold all.my shares as this is going nowhere. Whould of thought thought you could gain such financial advice off a stockboard!!! LOL. You saying sell makes me buy eveeln harder friend. So hard. We are in a rut, small volume easy to manipulate a small float like this. Just you wait.l. kSM 2.0 here in the making. Been buying all I can down here. Thanks ...more  
Comment by hairinc on Jul 01, 2022 7:08pm
Thursday down 10.5%, get use to it. These guys will drill a couple of holes and you'll get the results in Jan-Feb 2023 when you'll be able to buy this .10 or below. See you then.
Comment by NoMiner on Jul 03, 2022 5:46pm
HI – what is your problem? You say “SELL, SELL, SELL.  Money for general corporate purposes….” – when you know (or should have) that only a maximum of approximately ¼ of that money raised could be used for ‘general corporate purposes’, because about ¾ of it must be used on exploration activity (in accordance with the Flow-Through Shares regulations) …. – are you trying to mislead us ...more  
Comment by Silverspot225 on Jul 06, 2022 11:00pm
Sharks are cilcling my friend. They always can smell blood and weakness.  They want you to sell your shares at the lowest point possible. Thats the nameee of the gameee.  Markets are down, especially miners. (hope we are not in a bear market for gold again) But i beleive MTS holds some amazing potential and alraedy has a major resource, jsut need more holes in the ground. Could be the ...more