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Montauk Metals Inc V.MTK

Alternate Symbol(s):  GAYGF

Montauk Metals Inc. is a Canada-based mineral exploration company. The Company is focused on seeking new exploration projects. Its subsidiaries include Galway Resources Vetas Holdco Ltd. (Cayman Islands), Galway Resources Vetas Holdco Ltd. and Sucursal Colombia and Galway Gold US Inc.


TSXV:MTK - Post by User

Bullboard Posts
Comment by jmlguyon May 12, 2010 6:49pm
743 Views
Post# 17092347

RE: what does it take for the share price to go up

RE: what does it take for the share price to go upI haven't read a positive analyst report in MONTHS. All stocks need some pumping. The PR leg of the firm is next to non-existent, so except for the shareholders who are adding(I bought another 1000 today at low price), very few new shareholders are seen. Almost like the co doesn't want price to increase. Maybe an institutional "friend" is slowly accumulating? I wish they had more than just the 2 stream contracts, as they are totally dependent on the fortunes of 2 independent cos.  I can't see any meaningful dividend until earnings pick up, A 2-5 cent div. would mean nothing.
Bullboard Posts